Category : Search result: Additional Excise Duty


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.

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.

Man convicted for 2017 murder in Delhi court

A Delhi court has convicted a man for a 2017 murder case. The verdict was delivered by Additional Sessions Judge (ASJ) Sunil Kumar. Read the full story for details on the crime and legal proceedings.

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.

APSRTC Adds 1,500 Buses for Sankranti from Vizag

APSRTC announces 1,500 special bus services from Visakhapatnam for Sankranti, connecting major cities and rural areas to curb private operator overcharging. Services run from Jan 12.

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.

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.

ITC Stock Hits 52-Week Low on New Tobacco Tax

ITC share price crashed over 5% to ₹345.35 after the government announced a fresh excise duty on cigarettes. Get the full details on the market impact and new tax rates effective February 1.

Cigarette Prices to Rise 20% from February 1

Cigarette prices in India are expected to surge by up to 20% from February 1, 2025, following a significant increase in the National Calamity Contingent Duty. This move will impact major tobacco companies and consumers nationwide.

ITC stock crashes 10% on new tobacco excise duty

ITC shares tumbled nearly 10% to a three-year low after the government announced a new excise duty on cigarettes. Analysts warn of price hikes and volume impact. Read the full analysis.

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