India Tobacco Industry
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Diamond Watch And Supercars: Tobacco Baron's Lavish Lifestyle Under Probe
After establishing itself as a key player in the tobacco industry, the Banshidhar Company has come under the radar of Income Tax authorities who are working round the clock to unravel the company's web of deception.
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Rs 58,521 Crore In Taxes Lost Due To Illicit Trade: Report
The exchequer is estimated to have lost Rs 58,521 crore in taxes in 2019-20 due to illicit trade in goods in 5 key industries, including FMCG, mobile phone, tobacco products and alcohol, a Ficci report said on Thursday.
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Cigarette-Makers Moved To Environment-Friendly Packs Before Plastic Ban
Cigarette makers have shifted from regular plastic wrapping to environment-friendly biodegradable wrapping for cigarette packs, well ahead of the single-use plastic ban, industry body Tobacco Institute of India said on Friday.
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Littered Tobacco Products Clean-Up Costs India $766 Million A Year: WHO
The economic impact of cleaning up littered tobacco products fall on taxpayers, rather than the industry creating the problem and each year, this costs India about $766 million, the World Health Organisation said.
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Public Health Groups For Hike In Cess On Tobacco Products
The overall tax rate on all tobacco products in India is still very low compared to other middle-income countries, including those in South Asia.
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With Roman Law Doctrine, India Moves To Stub Out Tobacco Industry Rights
The Indian government is pushing the Supreme Court to apply a rarely used doctrine that would strip the $11 billion tobacco industry's legal right to trade, an effort aimed at deterring tobacco companies from challenging tough new regulations.
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Rs 13,000 Crore Revenue Lost Owing To Cigarette Smuggling
Illegal cigarette trade is more than 25% of the cigarette industry in the country, says Federation of All India Farmers Association (FAIFA).
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Tobacco Stocks Rebound After Sharp Plunge
Shares of Godfrey Phillips India went up by 2.62 per cent to Rs 1,188 and those of VST Industries rose by 1.60 per cent to Rs 3,334.45.
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GST And Bollywood: 'Don't Treat Us Like Paan, Gutka Industry,' Says Mukesh Bhatt
Mukesh Bhatt said, "They have to understand we are a creative industry, we are different from gambling and tobacco industries"
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Cabinet May Soon Consider Complete FDI Ban In Tobacco Sector: Report
Under new norms introduced by the government, tobacco products would have to carry larger pictorial warnings covering 85 per cent of the packaging space.
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GST: Aerated Drink Makers Disappointed On Being Put In Demerit List
Earlier this week, the GST Council had announced that luxury items like high-end cars and demerit goods including tobacco, pan masala and aerated drinks will be taxed at the highest rate of 28 per cent.
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India's Tobacco Industry, Government Face Off Ahead Of WHO Conference
India's $11 billion tobacco industry has urged the government to take a softer line on tobacco control efforts when it hosts a World Health Organization conference in New Delhi next month, but officials say the government will not bow to "pressure tactics".
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Key Agri Product Exports In Negative Zone In July
Exports of as many as eight key agriculture products including tea, tobacco and cashew have registered negative growth in July mainly due to a decline in prices in the global commodity market.
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ITC Plans Multiple Projects With Rs 25,000 Crore Outlay
ITC Ltd has planned multiple projects with an outlay of Rs 25,000 crore over the next five years, chairman and CEO Y C Deveshwar told shareholders on Friday.
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Farmers Body Supports Ban On FDI In Tobacco Sector
Pitching for a ban on foreign investment in tobacco sector, Federation of All India Farmer Associations (FAIFA) on Friday said multinational firms are using ambiguities in the FDI policy to endorse international brands in the country, which encourages illegal trade.
-
Diamond Watch And Supercars: Tobacco Baron's Lavish Lifestyle Under Probe
After establishing itself as a key player in the tobacco industry, the Banshidhar Company has come under the radar of Income Tax authorities who are working round the clock to unravel the company's web of deception.
-
Rs 58,521 Crore In Taxes Lost Due To Illicit Trade: Report
The exchequer is estimated to have lost Rs 58,521 crore in taxes in 2019-20 due to illicit trade in goods in 5 key industries, including FMCG, mobile phone, tobacco products and alcohol, a Ficci report said on Thursday.
-
Cigarette-Makers Moved To Environment-Friendly Packs Before Plastic Ban
Cigarette makers have shifted from regular plastic wrapping to environment-friendly biodegradable wrapping for cigarette packs, well ahead of the single-use plastic ban, industry body Tobacco Institute of India said on Friday.
-
Littered Tobacco Products Clean-Up Costs India $766 Million A Year: WHO
The economic impact of cleaning up littered tobacco products fall on taxpayers, rather than the industry creating the problem and each year, this costs India about $766 million, the World Health Organisation said.
-
Public Health Groups For Hike In Cess On Tobacco Products
The overall tax rate on all tobacco products in India is still very low compared to other middle-income countries, including those in South Asia.
-
With Roman Law Doctrine, India Moves To Stub Out Tobacco Industry Rights
The Indian government is pushing the Supreme Court to apply a rarely used doctrine that would strip the $11 billion tobacco industry's legal right to trade, an effort aimed at deterring tobacco companies from challenging tough new regulations.
-
Rs 13,000 Crore Revenue Lost Owing To Cigarette Smuggling
Illegal cigarette trade is more than 25% of the cigarette industry in the country, says Federation of All India Farmers Association (FAIFA).
-
Tobacco Stocks Rebound After Sharp Plunge
Shares of Godfrey Phillips India went up by 2.62 per cent to Rs 1,188 and those of VST Industries rose by 1.60 per cent to Rs 3,334.45.
-
GST And Bollywood: 'Don't Treat Us Like Paan, Gutka Industry,' Says Mukesh Bhatt
Mukesh Bhatt said, "They have to understand we are a creative industry, we are different from gambling and tobacco industries"
-
Cabinet May Soon Consider Complete FDI Ban In Tobacco Sector: Report
Under new norms introduced by the government, tobacco products would have to carry larger pictorial warnings covering 85 per cent of the packaging space.
-
GST: Aerated Drink Makers Disappointed On Being Put In Demerit List
Earlier this week, the GST Council had announced that luxury items like high-end cars and demerit goods including tobacco, pan masala and aerated drinks will be taxed at the highest rate of 28 per cent.
-
India's Tobacco Industry, Government Face Off Ahead Of WHO Conference
India's $11 billion tobacco industry has urged the government to take a softer line on tobacco control efforts when it hosts a World Health Organization conference in New Delhi next month, but officials say the government will not bow to "pressure tactics".
-
Key Agri Product Exports In Negative Zone In July
Exports of as many as eight key agriculture products including tea, tobacco and cashew have registered negative growth in July mainly due to a decline in prices in the global commodity market.
-
ITC Plans Multiple Projects With Rs 25,000 Crore Outlay
ITC Ltd has planned multiple projects with an outlay of Rs 25,000 crore over the next five years, chairman and CEO Y C Deveshwar told shareholders on Friday.
-
Farmers Body Supports Ban On FDI In Tobacco Sector
Pitching for a ban on foreign investment in tobacco sector, Federation of All India Farmer Associations (FAIFA) on Friday said multinational firms are using ambiguities in the FDI policy to endorse international brands in the country, which encourages illegal trade.
