Tobacco Stocks Tank 10% on New Sin Tax Cess Announcement
Godfrey Phillips shares fell 10% as new levies on tobacco and pan masala replaced the GST compensation cess. Explore the market impact and details of the January 2026 tax change.
Godfrey Phillips shares fell 10% as new levies on tobacco and pan masala replaced the GST compensation cess. Explore the market impact and details of the January 2026 tax change.
The Indian government has levied an additional excise duty on tobacco products like cigarettes and bidis. The new duty, effective February 2, aims to boost revenue. Learn about the impact on prices and industry.
The Indian government has sharply increased excise duties on cigarettes and tobacco products from February 1, 2024. This move will lead to higher retail prices for consumers. Get all the details on the new rates and their impact.
Shares of ITC and Godfrey Phillips India plummeted after the finance ministry notified new excise duty and a health cess on tobacco products. Discover the impact on prices and public health.
ITC shares fell after Budget 2026 proposed higher excise duty on tobacco and a new health cess on pan masala, effective Feb 1. Cigarettes set to get costlier. Full analysis inside.
The government introduces a new tax structure for tobacco and pan masala from February 1, replacing the GST compensation cess with additional duties. Learn the impact.
India hikes excise duty on tobacco and imposes a health cess on pan masala from February 1, likely raising prices for 100 million smokers. Read the full details and impact.
The Indian government has increased the National Calamity Contingent Duty on cigarettes. Find out the new rates and the expected impact on prices and public health.
The Centre introduces a new health and national security cess on tobacco, replacing the GST compensation cess from February 1. This tax overhaul aims to keep levies high and align with WHO benchmarks. Read more.
Indian firms seek CDSCO nod to sell high-strength 6mg nicotine pouches as NRT, sparking fears of youth initiation and addiction. Experts warn of cardiovascular risks.
The recent ban on liquor, meat, and tobacco in Amritsar's walled city has residents and traders protesting, citing threats to personal freedom and livelihoods. Read more about the controversy.
India's guidelines to curb surrogate ads for alcohol & tobacco face indefinite delay due to legal hurdles under Consumer Protection Act. Industry seeks clarity as health experts warn of risks.
Telangana's Drugs Control Administration is launching a digital alert system to instantly warn retailers and manufacturers about unsafe medicines, aiming to eliminate dangerous delays. Learn how this move enhances patient safety.
Your daily routine could be harming you. Discover 5 common habits, from sun exposure to alcohol, that significantly increase the risk of oral cancer. Learn how to protect yourself today.
Bollywood actor Suniel Shetty refused a massive Rs 40 crore deal to endorse tobacco. He opens up on his father's demise, career break, and finding confidence. Read his inspiring story.
Bollywood actor Suniel Shetty reveals he turned down a massive Rs 40 crore offer to endorse a tobacco brand, prioritizing his values and family legacy over money. Read his full statement.
Despite decades of graphic warnings, oral cancer rates in India continue to rise. Explore the complex factors behind this public health puzzle and what needs to change.
New research reveals even 9 grams of alcohol daily increases buccal mucosa cancer risk by nearly 50%. Local liquor poses a higher threat. Learn the facts.
Astrologer Jeetu Singh decodes 2026's planetary alignments, warning of sudden change, karmic reckoning, and hidden turbulence. Discover how to navigate the year's cosmic challenges.
Experts at Respican-25 warn of increasing respiratory diseases in Jharkhand driven by tobacco use and pollution. Learn about the key findings and health risks.
Kerala Excise arrests a father-son duo in Thiruvananthapuram, seizing 100kg of banned tobacco products meant for wholesale distribution. Read about the special festive season crackdown.
Security at Ludhiana Central Jail discovered 70g tobacco hidden in an inmate's footwear. Manmeet Singh booked under Prisons Act. Read how authorities are cracking down on smuggling.
A PGIMER study reveals oral bacteria adapt to break down nicotine, potentially lowering dependence. This finding could lead to new microbiome-based cessation strategies for India's smokeless tobacco challenge.
We've all heard the childhood warning: don't swallow a seed or a plant will grow inside you. But is it true? We explore the science of digestion to finally settle this age-old myth. Read on to learn the facts!
Gujarat govt bans storage & sale of tobacco rolling paper, citing toxic chemicals & rising youth drug abuse. Police conduct raids in Surat, Vadodara. Details inside.
A new cancer registry report for Varanasi reveals one in 36 men is at risk of oral cancer, primarily due to tobacco. Breast cancer is most common in women. Learn the key findings and risks.
Gujarat government imposes a complete ban on the sale and storage of rolling papers and cones, citing severe health risks and youth drug abuse. Violators to face legal action under BNS.
Chandigarh shines with just 13.7% adult tobacco users, among India's top 5 lowest. National rate is 28.6%. Data reveals a promising decline in youth tobacco consumption nationwide.
Lok Sabha passes bill imposing a 25% National Security and Health Cess on pan masala and tobacco. The move aims to curb consumption and fund public health initiatives. Read the full details.
Supreme Court dismisses plea for statutory warning on Arundhati Roy's book cover featuring a bidi, stating it's not a tobacco advertisement under COTPA Act. Read the full legal reasoning.