Tobacco Products Tax
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Cigarettes, Pan Masala To Be Costlier From Feb 1 As New Excise Duty Kicks In
From February 1, the government is bringing a new tax structure for cigarettes, tobacco products and pan masala, aiming to tighten regulation and keep tax levels high on these so-called sin goods'.
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India's Largest Cigarette Maker ITC Plunges 10% After Tobacco Tax Hike
Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled concerns about its impact on Indias largest cigarette maker.
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Cigarette, Beedi, Pan Masala To Be Costlier From Feb 1 With New Tax, Cess
The government on Wednesday notified February 1 as the date from which additional excise duty will be levied on tobacco products, and a new cess on pan masala.
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Kerala Congress Unit's Social Media Chief Resigns Amid 'Bidis-Bihar' Post Row
Kerala Congress unit's social media head steps down from role amid row over 'bidis, Bihar start with B' post
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Congress' Post On Bihar, Bidis Sparks Row, BJP Calls It "Insult To Entire State"
In a now-deleted post on X, the Congress said that "Bidis and Bihar start with B" and "cannot be considered a sin anymore", referring to the GST cut on the tobacco product.
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Experts Call For Higher 'Sin Tax' On Tobacco Ahead Of GST Council Meet
Ahead of a crucial GST Council meeting on tax rationalisation health and economic experts have called for a higher 'Sin Tax' on tobacco and similar harmful products to curb their consumption and bolster public health and the economy.
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GST On Cigarettes, Tobacco, Aerated Beverages May Be Hiked To 35%
The GoM on GST rate rationalisation on Monday decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products to 35 per cent from the present 28 per cent, an official said.
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Cigarette Prices Remain Unchanged After No Tobacco Tax Hike In Budget 2024
Union Budget 2024: The price of cigarettes will remain unchanged after the government announced no hike in the existing tax rates on tobacco products in the 2024 Union Budget.
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Rs 335 Crore Black Money Found After Raids On Pune Tobacco Group
The Income Tax Department has detected about Rs 335 crore undisclosed income after it raided a Pune-based business group engaged in packaging and sale of tobacco products and related items, the Central Board of Direct Taxes said on Monday.
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Ahead Of GST Meet, Demand To Tax Tobacco Products, Bidis At High Rates
Ahead of a crucial GST Council meeting, various health groups have strongly recommended that tobacco products, including bidis, should be taxed at uniformly high rates under the new indirect tax framework.
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Plea To Include All Tobacco Products In Highest Tax Slab
Ahead of the crucial GST council meeting on November 3, tobacco cancer survivors and researchers have urged the Council to include all tobacco products in the highest tax slab.
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Arun Jaitley Favours Lower GST Rates For Essential Products, Higher Bracket For Luxury Goods
Finance Minister Arun Jaitley today favoured levy of cess on tobacco and luxury products to compensate states for loss of revenue on GST saying the cost of funding that through an additional tax would be "exorbitantly high and almost unbearable".
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Parliamentarians, Doctors Seek 40% Sin Tax On Tobacco Products
Parliamentarians, medical experts and health advocates today appealed to the GST Council to levy 40 per cent sin tax on all tobacco products to curb the addiction.
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Smoking In Goa May Cost More After State Budget
Goa government may increase the Value Added Tax (VAT) on tobacco products by a big percentage in the upcoming state budget, a senior official said today.
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Tobacco Products Cheaper Than Essential Food Items: Study
The current excise and Value Added Tax (VAT) rates are insufficient to increase the prices of tobacco products, therefore making these products easily affordable.
-
Cigarettes, Pan Masala To Be Costlier From Feb 1 As New Excise Duty Kicks In
From February 1, the government is bringing a new tax structure for cigarettes, tobacco products and pan masala, aiming to tighten regulation and keep tax levels high on these so-called sin goods'.
-
India's Largest Cigarette Maker ITC Plunges 10% After Tobacco Tax Hike
Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled concerns about its impact on Indias largest cigarette maker.
-
Cigarette, Beedi, Pan Masala To Be Costlier From Feb 1 With New Tax, Cess
The government on Wednesday notified February 1 as the date from which additional excise duty will be levied on tobacco products, and a new cess on pan masala.
-
Kerala Congress Unit's Social Media Chief Resigns Amid 'Bidis-Bihar' Post Row
Kerala Congress unit's social media head steps down from role amid row over 'bidis, Bihar start with B' post
-
Congress' Post On Bihar, Bidis Sparks Row, BJP Calls It "Insult To Entire State"
In a now-deleted post on X, the Congress said that "Bidis and Bihar start with B" and "cannot be considered a sin anymore", referring to the GST cut on the tobacco product.
-
Experts Call For Higher 'Sin Tax' On Tobacco Ahead Of GST Council Meet
Ahead of a crucial GST Council meeting on tax rationalisation health and economic experts have called for a higher 'Sin Tax' on tobacco and similar harmful products to curb their consumption and bolster public health and the economy.
-
GST On Cigarettes, Tobacco, Aerated Beverages May Be Hiked To 35%
The GoM on GST rate rationalisation on Monday decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products to 35 per cent from the present 28 per cent, an official said.
-
Cigarette Prices Remain Unchanged After No Tobacco Tax Hike In Budget 2024
Union Budget 2024: The price of cigarettes will remain unchanged after the government announced no hike in the existing tax rates on tobacco products in the 2024 Union Budget.
-
Rs 335 Crore Black Money Found After Raids On Pune Tobacco Group
The Income Tax Department has detected about Rs 335 crore undisclosed income after it raided a Pune-based business group engaged in packaging and sale of tobacco products and related items, the Central Board of Direct Taxes said on Monday.
-
Ahead Of GST Meet, Demand To Tax Tobacco Products, Bidis At High Rates
Ahead of a crucial GST Council meeting, various health groups have strongly recommended that tobacco products, including bidis, should be taxed at uniformly high rates under the new indirect tax framework.
-
Plea To Include All Tobacco Products In Highest Tax Slab
Ahead of the crucial GST council meeting on November 3, tobacco cancer survivors and researchers have urged the Council to include all tobacco products in the highest tax slab.
-
Arun Jaitley Favours Lower GST Rates For Essential Products, Higher Bracket For Luxury Goods
Finance Minister Arun Jaitley today favoured levy of cess on tobacco and luxury products to compensate states for loss of revenue on GST saying the cost of funding that through an additional tax would be "exorbitantly high and almost unbearable".
-
Parliamentarians, Doctors Seek 40% Sin Tax On Tobacco Products
Parliamentarians, medical experts and health advocates today appealed to the GST Council to levy 40 per cent sin tax on all tobacco products to curb the addiction.
-
Smoking In Goa May Cost More After State Budget
Goa government may increase the Value Added Tax (VAT) on tobacco products by a big percentage in the upcoming state budget, a senior official said today.
-
Tobacco Products Cheaper Than Essential Food Items: Study
The current excise and Value Added Tax (VAT) rates are insufficient to increase the prices of tobacco products, therefore making these products easily affordable.
