The overall impact of the proposed hike in excise duty on cigarettes from February 1 will be "revenue neutral", as it will ...

Tobacco Institute of India warns that excise duty hike on cigarettes will encourage illegal trade and hurt farmers.

The Tobacco Institute of India warns that a significant excise duty hike on cigarettes will harm farmers, MSMEs, and retailers, while boosting the illicit trade. The new tax, effective February 1, ...

In a media statement, TII warned that the sharp hike would inflict severe hardship on millions of farmers, Micro, Small and Medium Enterprises (MSMEs), retailers, and local value chains linked to the ...