Shares of Indian tobacco companies fell on Thursday after the government imposed a new excise duty on cigarettes, making them ...
India has imposed an excise duty on cigarettes in a range of 2,050-8,500 rupees ($22.8-$94.5) per thousand sticks based on ...
The Union government has imposed an excise duty on cigarettes. These duties will be levied in a range of ₹2,050-8,500 per ...
Starting January 1, 2026, Saudi Arabia will implement a four-tier excise tax on sweetened beverages based on their sugar ...
In December, the government approved a new law - the Central Excise (Amendment) Bill 2025 - that replaces a temporary levy on ...
Shares of cigarette companies ITC and Godfrey Phillips slumped up to 6% in Thursday's trade (January 1), after the government ...
Indian tobacco stocks decline as new excise duty on cigarettes raises prices, impacting ITC and Godfrey Phillips shares.
Additional excise duty on tobacco and health cess on pan masala to be effective from February 1, replacing compensation cess.
The government on Wednesday notified February 1 as the date from which additional excise duty will be levied on tobacco ...
Finance Ministry notifies February 1 rollout of new cess and excise laws to keep tobacco, cigarettes and pan masala taxes ...
Thursday's drop marked Godfrey Phillips' biggest single-day fall in five months and pushed it down 36% from its 52-week high.
The new levies on tobacco and pan masala will be imposed over and above the applicable GST rates. These measures will replace ...