Tobacco Products

The Bill was tabled earlier amid the Opposition's protest demanding a discussion on the Special Intensive Revision (SIR) of electoral rolls

The stock of cigarettes & tobacco products company - Godfrey Phillips - turned ex-date for 2:1 bonus issue viz., 2 new bonus equity shares for every 1 existing equity share on Tuesday.

This year's theme-'Bright products. Dark intentions'-exposes how tobacco firms use flavours, design, and digital marketing to lure young users

Initiative, led by Netherlands, has support of Croatia, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Latvia, Slovakia, Spain, Belgium, Bulgaria, Ireland, Slovenia and Portugal

The government has notified October 1 as the date for implementation of the penalty provision for manufacturers of pan masala and similar tobacco products, if they fail to register their packing machinery with GST authorities. The GST Network had earlier in May and June notified two forms GST SRM-I and II for registering machines used by such manufacturers and to report inputs procured and corresponding outputs with tax authorities. The Central Board of Indirect Taxes and Customs (CBIC) on August 6 notified October 1, 2024, as the date for levy of up to Rs 1 lakh penalty for failure to register their packing machines with GST authorities. In January, the Central Board of Indirect Taxes and Customs (CBIC) had announced the introduction of a new registration and monthly return filing procedure to improve GST compliance for manufacturers of pan masala and tobacco products effective April 1. The date was later extended till May 15. The move to overhaul the registration, record-keeping

Manufacturers of pan masala, gutka and similar tobacco products will have to pay a penalty of up to Rs 1 lakh, if they fail to register their packing machinery with the GST authorities with effect from April 1. The move is intended to curb revenue leakage in the tobacco manufacturing sector. The Finance Bill, 2024, introduced amendments to the Central GST Act, where a penalty of Rs 1 lakh would be levied for every machine not registered. Further, such non-compliant machinery would face the risk of seizure and confiscation in certain cases. Based on the recommendation of the GST Council, the tax authorities had last year notified a special procedure for registration of machines by tobacco manufacturers. The details of existing packing machines, newly-installed machines, along with the packing capacity of these machines, have to be furnished in Form GST SRM-I. However, there was no penalty notified for the same. Revenue Secretary Sanjay Malhotra said the GST Council in an earlier .

Over 1.3 million lives are lost every year to cancers caused by smoking tobacco across seven countries, including India, according to a study published in The Lancet's eClinicalMedicine journal. Researchers found that together, the seven countries -- India, China, the UK, Brazil, Russia, the US and South Africa -- represented more than half of the global burden of cancer deaths every year. They noted that smoking, as well as three other preventable risk factors -- alcohol, obesity, and human papillomavirus (HPV) infections -- caused almost two million deaths combined. The study, carried out by researchers from the International Agency for Research on Cancer (IARC), Queen Mary University of London (QMUL) and Kings College London, UK, also analysed the years of life lost to cancer. The researchers concluded that the four preventable risk factors resulted in over 30 million years of life lost each year. Smoking tobacco had by far the biggest impact - leading to 20.8 million years of l

Given Kumar's passion for fitness, the endorsement was peculiar from the get-go, brand experts say

Federation of Retailer Association of India, a representative body of micro, small and medium retailers urged PM to order recall of proposed amendments in law on cigarettes and other tobacco products

A tax overhang and ESG concerns over cigarettes have been among key factors hurting investor sentiment

The company is betting on its non-cigarette FMCG portfolio to deliver growth and convince the markets that it is moving away from its tobacco dependence

Karnataka may bring anordinance to ban the sale of tobacco, gutkha and paan masala over fears of drugs being sold in paan masala pouches, CM B S Yediyurappa told Governor Vajubhai Vala on Friday.

Urge govt to direct Tobacco Board to coordinate with FCV tobacco manufacturers, exporters and traders to facilitate reasonable prices at pre-covid level at these auctions

Shares of Axis Bank also fell as much as 5.4 per cent, but recouped most of the losses to end just 0.2 per cent lower

The Bharatiya Janata Party government has started curtailing the facilities accorded to him

Currently, GST rate on these products are 28 per cent while cess varies between 61 to 204 per cent

The government banned the sale, import and manufacture of e-cigarettes this month and warned of an "epidemic" among young people

Hundreds of varieties of vape juice (with and without nicotine) and e-cigarettes are there in the market, mostly imported from China

The seventh "WHO report on the global tobacco epidemic" said blocking the industry's interference was critical to cutting the harm from tobacco use

The New India Assurance Company also has a 1.7% stake in Hyderabad-based cigarette maker VST