Shares of ITC and Godfrey Phillips tanked 10% and 18%, respectively as the finance ministry issued a notification imposing ...

Why tobacco stocks are falling after the government notifies higher excise duties on cigarettes, effective February 1; ...

No change in the tax incidence for tobacco products and pan masala, sources say; impact on cigarette prices yet to be ...

Excise duty on cigarettes hiked to align with global practices & address public health impact. GST, WHO benchmarks & revenue ...

India increases cigarette excise duty from February 1st to align taxes with public health impact and global standards ...

Under the revised framework, cigarettes will attract additional excise duty ranging from Rs 2,050 to Rs 8,500 per 1,000 ...

Tobacco stocks tumbled as the Indian government raised the tax incidence on cigarettes to 77% of retail value, aligning with ...

In a major policy shift, the Finance Ministry on Wednesday notified a comprehensive overhaul of the excise duty structure for tobacco products, marking the first substantive revision since the rollout ...

A health and national security cess and excise duty on pan masala and tobacco products respectively will be over and above 40 ...

Reacting to the announcement, ITC shares fell as much 5.1% to hit a 52-week low of ₹345.35 on the BSE, while its market ...

A hike in excise duty on cigarettes from February 1 will ensure that such sin goods carry a tax burden proportionate to their severe public health impact, and also align with global best practices in ...

From tax reforms to new labour codes, here are the important changes from 2025 that demand a fresh look at your money ...