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.
Category : Search result: excise duty on cigarettes
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.
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 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.
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 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.
Govt hikes excise duty on cigarettes; prices to rise from Feb 1
Cigarettes to get costlier as the Centre imposes additional excise duty from February 1. Find out how much more you'll pay for brands like Marlboro, Gold Flake, and others.
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 Stocks Plunge as New GST, Excise Duty Take Effect
Cigarette stocks like ITC crashed after govt notified new tax structure from Feb 1, replacing GST cess with higher excise. Analysts warn of 15-20% price hikes impacting sales. Full details inside.
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.
Punjab Tax Dues Scheme Deadline Extended to March 31
Punjab government extends deadline for its 'Settlement of Arrears of Tax Dues Scheme' to March 31, 2025. Traders get more time to clear pending dues with significant concessions. Act now to benefit!
New Tobacco & Pan Masala Cess: 40% GST + Excise from Feb 1
India's new tax structure for tobacco & pan masala kicks in Feb 1. Cigarettes face extra excise, pan masala gets 48% 'Health Security Cess'. Read the full impact.
India Eyes Higher Cigarette Tax to Match Health Impact
India considers calibrated excise duty hikes on cigarettes, citing current modest rates and significant fiscal and public health space for increase. Read the full analysis.
Tobacco Makers Must Install CCTV, Keep Footage for 24 Months
India mandates CCTV installation in tobacco factories from Feb 1, 2026. Footage must be preserved for 24 months. New excise rules also clarify duty on tins and other forms. Details inside.
Cigarettes, Tobacco Costlier from Feb 1 After Excise Duty Hike
Prices of cigarettes, bidis, and other tobacco products will rise from February 1, 2026, after the government imposes a new excise duty. Find out the latest tax rates and impact on consumers.
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.
New Excise Duty on Tobacco Products Effective Feb 2
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.
Cigarette, Gutkha Prices to Rise After Govt Excise Duty Hike
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.
Tobacco Stocks Plunge as Govt Imposes New Excise Duty, Health Cess
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 Stock Drops on Higher Excise Duty, Health Cess in Budget
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.
New Tax on Tobacco, Pan Masala from February 1
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.
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