Tax on cigarette

Additional tax on cigarette would impact legal sales, says ITC

The legal cigarette industry has witnessed a 25 percent decline in volumes from FY 2012-13, said ITC.

Jul 28, 2017, 11:13 AM IST

'More tax on cigarette means more contraband tobacco intake'

The more you tax cigarettes, the more is consumption of contraband tobacco products, said ITC Chairman Y C Deveshwar while expressing hopes of a "moderate Budget" this year.

Feb 02, 2015, 21:44 PM IST