Tobacco

Since this is not a GST levy, the Council’s approval will not be necessary. The new central levy will have to be approved by Parliament.

No further GST levy on tobacco, tax incidence to be kept same with additional central tax

The tax incidence on tobacco-related items is about 53 percent, while it is 88 percent on pan masala – comprising 28 percent GST and a compensation cess

Govt to retain 12% GST on bricks, 28% on tobacco, notification expected this week

Since the 12 percent and 28 percent slabs are being done away in the new GST regime, which comes into effect from September 22, notifications are required to preserve the existing levies on bricks and tobacco products

GST Council may weigh cess on sin goods or higher tax cap beyond 40% to keep tax incidence unchanged

GST Council meeting scheduled for Sep 3-5 could also weigh excise duty on tobacco, with proceeds devolved to states via the Finance Commission formula

Tobacco, gaming stocks sink as Centre mulls 40% GST on sin goods

Tobacco and online gaming stocks will be in focus after reports suggested the Centre’s GST 2.0 plan will tax sin goods at the maximum 40 percent slab.

Bengaluru Metro to carry out physical pat-down checks, fine passengers consuming chewable tobacco

The decision follows a viral video of a Metro passenger questioning his co-passenger for chewing tobacco on a train on April 18

ITC, Godfrey Philip and VST Industries jump as no hikes in excise duty/NCDD in Budget 2025

The online gaming industry has been seeking 28 per cent GST on gross gaming revenue (GGR) instead of the total amount deposited by players.

Budget 2025: Liquor, gaming, tobacco companies eye tax relief, simpler rules

As the Union Budget 2025 approaches, the liquor, tobacco, and gaming industries are eagerly anticipating reforms to tackle challenges such as high taxation and complex regulatory frameworks.

Anti-Tobacco Warnings in OTT Streaming: Can India find the balance?

The proposed 2024 Amendments to COTPA risk stifling India's digital content ecosystem with overly prescriptive regulations. A collaborative approach with OCCPs and a focus on educational content could balance public health objectives with content accessibility and economic growth

Smokeless tobacco and areca nut: Fight nicotine addiction to stay away from oral cancer

Smokeless tobacco risks: Smokeless tobacco and areca nut use are widespread habits. While they might seem like harmless alternatives to smoking, the reality is that these substances carry serious health risks. Understanding the symptoms and effects of these habits is vital to making informed health choices.

Tobacco, gaming industries brace for Budget day announcements

Budget 2024:Experts are eyeing what Finance Minister Nirmala Sitharaman’s first post-election Budget might offer for the liquor, tobacco, and gaming sectors

World No Tobacco Day 2024: High blood pressure, lung cancer and more risks of tobacco consumption

World No Tobacco Day 2024: This day is commemorated annually on May 31st to highlight the health hazards linked to tobacco consumption and to encourage effective policies to reduce tobacco use. Here are various health risks associated with tobacco consumption.

No Smoking Day: Date, history, significance and 5 ways to help you quit cigarettes

No Smoking Day: On this day, the emphasis is to highlight how smoking tobacco poses a grave threat to human health. Tobacco is a deadly cocktail of over 60 carcinogens which can lead to the growth of both benign and malignant tumors.

Lowering ENA costs in Budget will help alco-beverage industry, say experts

While no major announcements on duties are expected, measures to reduce agri-commodity prices might figure in the Interim Budget, experts feel.

Nicotine content in tobacco slashed by 40-50% at CMAP laboratory, says CSIR DG

The CMAP laboratory is now making attempts to reduce it further by 60-70 per cent.

Centre slaps Integrated GST refund restrictions on tobacco, pan masala from Oct 1

The decision was approved by the GST Council in its 50th meeting on July 11 in accordance with the recommendations of the Group of Ministers (GoM) on capacity based taxation and special composition scheme.

Man gets 'hairy, green tongue' due to smoking and simultaneous antibiotics use

The condition of hairy tongue is more prevalent in adults over 40 and particularly in men, and can be aggravated by smoking.

Tobacco: Farmers' body writes to PMO, finance ministry against WHO recommendation

FAIFA has made a case that the recommendation of the World Health Organisation (WHO) is unscientific and there are no benefits of other crops replacing tobacco cultivation.

World No Tobacco Day: How tobacco is poisoning our planet

How does smoking and chewing tobacco affect the Earth? For starters, cigarette butts are one of the most littered items on this planet.

Displaying anti-tobacco warning mandatory for OTT platforms, Centre notifies rules

The notification, published on World No Tobacco Day, mandates the OTT platforms to display anti-tobacco health spots for a minimum of thirty seconds each at the beginning and middle of the programme.

Sachin Tendulkar on tobacco ads: 'Got many offers but never accepted any of them'

'This was a promise I made to my father... That is why I have never endorsed tobacco products,' Sachin Tendulkar said.

ITC: The one Indian conglomerate that’s in no hurry to win

The country’s eighth-largest publicly traded firm has a market value of $60 billion; it’s sitting on nearly $2 billion of net cash. The 93 percent of profit ITC returned to investors in the last financial year is a relief from the blistering growth family-run Indian businesses have pursued, writes Andy Mukherjee

ITC @ 400: A story of patience, payback, and a puff of relief

For many years, there were three paths available to someone looking to develop the virtue of stoicism – buying an under-construction flat in Delhi-NCR, becoming a litigant, or investing in ITC.

Govt caps maximum GST cess rate on pan masala, tobacco; links rate to retail sale price

The capping of the cess rate was brought in as part of the amendments to the Finance Bill, 2023, which was passed by the Lok Sabha last March 24.