According to media reports, the Indian government could consider raising GST on cigarettes and other tobacco products to 40 per cent once levy of compensation cess on cigarettes is stopped
Multinational company warns country's leadership against increasing taxes on tobacco
The stock jumped 4 per cent in Friday's intra-day trade to hit 52-week high of Rs 239 on the BSE
We appeal to the government to roll back the tax increase to 'revenue neutral levels', says FAIFA