US Tariff Hikes Threaten India's $16B Textile Exports: Citi
Citi's Sector General warns of rising pessimism in India's textile sector as US proposes steep tariff hikes. Key apparel exports face a 25% duty threat. Read the full analysis.
Category : Search result: cigarette excise duty hike
Teachers demand rest day after gruelling election duty
Maharashtra teachers and school staff deployed on election duty work 30-35 hours straight, demanding a sanctioned paid rest day. The association cites exhaustion and late-night travel as major concerns.
Jaipur: 27 liquor shops sealed, owners protest
Jaipur's excise department sealed 27 liquor shops for alleged violations. Owners claim arbitrary action, saying they met sales targets. Read the full details of the dispute.
Nagpur cancer patient lecturer faces poll duty on chemo day
A 56-year-old Nagpur lecturer, scheduled for chemotherapy on Jan 15, is forced into election duty. Despite appeals, her name remains on the list, risking FIR and job loss. Read her ordeal.
Ludhiana Excise Dept Fines 13 Eateries for Illegal Liquor
Ludhiana's Excise Department has intensified its crackdown on eateries illegally serving liquor. 13 establishments fined over ₹1.5 lakh in recent raids. Details inside.
Nagpur cancer patient lecturer assigned poll duty on chemo day
A 56-year-old Nagpur lecturer, a cancer patient, is forced into election duty on her chemotherapy date despite appeals. Over 500 officials face notices for skipping training. Read about this bureaucratic insensitivity.
Teachers on poll duty demand paid rest day in Mumbai
Mumbai school staff on election duty urge Maharashtra govt for a paid rest day, citing 30+ hour shifts and immediate return to school. Read their plea.
Customs Duty Amnesty Scheme Eyed for 2026-27 Budget
The government may introduce a customs duty amnesty scheme in Budget 2026-27 to resolve Rs 1.52 lakh crore in litigation. Read about the plan to slash duty slabs and fix FTA-related inverted duty structures.
ASI Dies of Heart Attack on Duty in West Champaran
Assistant Sub-Inspector Ajay Kumar Pandey, 55, suffered a fatal heart attack while on Dial 112 duty in Bettiah. The dedicated officer was pronounced dead upon arrival at the hospital, sending shockwaves through the police force. Read the full story.
Dhaba owner booked for illegal liquor service in Mohali
Mohali Excise Department intensifies enforcement drive, books dhaba owner for openly serving liquor. Read the full details of the crackdown on Kharar-Landran Road.
UP Cuts Stamp Duty on Family Property Gifts
Uttar Pradesh Cabinet expands stamp duty concessions. Now, gifting commercial & industrial properties within family costs just Rs 5,000 stamp duty. Move aims to simplify & reduce cost of intra-family asset transfers.
Tobacco Farmers Urge PM Modi to Review Steep Excise Duty Hike
FCV tobacco farmers from Andhra Pradesh urge PM Modi & CM Naidu to review a steep excise hike, fearing a severe livelihood crisis and price crash. Read their urgent appeal.
Karnataka Expands Stamp Duty Relief on Gift Deeds
Karnataka government expands stamp duty exemption on gift deeds among family members to include commercial and industrial properties, boosting real estate transactions. Learn the new rules and benefits.
Steel Prices Jump After New Import Duty, Construction Hit
India's new safeguard duty on select steel imports has led to a sharp price rise of up to Rs 8,000 per tonne. Industry warns of a 2% increase in construction costs, impacting real estate and auto sectors. Read more.
Karnataka Tobacco Farmers Protest New Central Excise Duty
Tobacco growers in Karnataka protest against the Central Excise (Amendment) Bill-2025, citing a massive tax hike that threatens their survival. They demand a rollback to protect farmer livelihoods.
Tobacco Farmers in South India Protest Excise Duty Hike
Tobacco farmers in Karnataka and Andhra Pradesh warn the Central Excise (Amendment) Bill, 2025 will devastate livelihoods and boost illegal trade. Read their urgent plea to the government.
Illegal Mohali Nightclub Busted, 86 Liquor Bottles Seized
Excise department busts an illegal nightclub in Mohali's Sector 79, seizing 86 liquor bottles. Case registered against owner. Read details of the enforcement drive.
Tobacco Tax Hike Could Spur Smuggling, Warn Experts
A sharp increase in excise duty on cigarettes, effective Feb 1, 2026, may trigger a surge in illicit trade and cause revenue losses, experts caution. Read more.
'Cigarette Baba' in UP Treats Illnesses with Cigarettes
A self-styled 'Baba' in Uttar Pradesh, known as 'Cigarette Baba,' claims to cure ailments using cigarettes, directly challenging medical science. Discover the details of this controversial practice.
Cigarette Prices to Rise from February 1
Cigarettes to cost more as new excise duty and 40% GST kick in from February 1. Check the new price slabs and tax changes for all tobacco products.
Noida's NYE liquor spend hits Rs 17 crore, a 3-year high
Noida's liquor sales soared to Rs 17 crore on Dec 31, 2025, marking a 22% jump from last year. Beer consumption saw the sharpest rise. Discover the festive spending trends that boosted excise revenue.
Noida Excise Dept Probes CSD Liquor Misuse at Army Club
Noida Excise Department launches inquiry after complaint alleges Arun Vihar club served subsidised CSD liquor illegally. Club denies charges. Full investigation underway.
ITC stock target price cut 26% after tobacco tax hike
Major brokerages downgrade ITC and cut target price by up to 26% following a proposed sharp hike in taxes on tobacco products. The stock fell over 13% in two sessions. Read more.
Mangaluru Liquor Market Steady, Beer Sales Dip in Dec
Dakshina Kannada's liquor market held steady in December 2025. IMFL sales saw marginal growth of 127 boxes, while beer consumption fell by 2,795 boxes. Read the full analysis of local trends and factors.
LIC's ITC Investment Erodes Rs 10,445 Crore After Tax Hike
LIC's stake in ITC plunges after a massive excise duty increase on cigarettes. Brokers downgrade stock, warning of price hikes and limited upside. Full analysis inside.
ITC shares hit 3-year low after massive cigarette tax hike
ITC shares crash 14% after a steep 50% cigarette tax increase announced in the budget. Analysts downgrade stock, warn of 40% price hikes needed. Read the full analysis.
ITC shares hit 3-year low after cigarette tax shock
ITC shares tumble to a 3-year low after a surprise excise duty hike on cigarettes. Brokerages downgrade stock, slash targets, and warn of earnings pressure. Full analysis inside.
ITC shares hit 52-week low after cigarette tax shock
ITC shares tumble over 13% as a steep hike in cigarette taxes threatens volumes and profits. Analysts slash earnings forecasts and downgrade the stock. Read more.
ITC shares plunge 14% on steep tobacco tax hike
ITC shares hit a 3-year low after a steep excise duty hike on tobacco, eroding ₹72,300 crore in shareholder wealth. LIC faces a massive ₹11,460 crore loss. Key brokerages downgrade the stock.
Tobacco Duty Hike: Why Some FMCG Stocks Unaffected
Union Budget 2026's additional excise duty on tobacco had a mixed impact on FMCG stocks. Discover why shares of companies like ITC, Godfrey Phillips, and VST Industries reacted differently.
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