Shares of major tobacco companies integrated ITC, Godfrey Phillips, and VST Industries fell after the imposition of a new ...
Cigarettes will become more expensive from 1 February 2026 after the government imposed additional excise duty on tobacco ...
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ITC, Godfrey Phillips and other cigarette stocks under pressure today on higher excise duties
The Finance Ministry, in a late Wednesday order, announced a steep hike in excise duty on cigarettes—ranging from Rs 2,050 to ...
Cigarette makers ITC and Godfrey Phillips India saw their shares plummet up to 5% on Friday following a steep hike in excise ...
Jan 1 (Reuters) - Shares of Indian tobacco companies slumped on Thursday after the government imposed a new tax on cigarettes ...
Tobacco stocks tumbled as the Indian government raised the tax incidence on cigarettes to 77% of retail value, aligning with ...
India’s tobacco sector came under pressure after a sharp cigarette excise hike, sending ITC shares lower and prompting broker ...
The government has imposed new excise duties on cigarettes, raising costs significantly for smokers and impacting tobacco ...
India will implement higher excise duties and GST on tobacco and cigarettes from 1 February 2026, making them costlier. The new excise duty on cigarettes will range from ₹2,050 to ₹8,500 per 1,000 ...
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