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Illegal cigarette trade is more than 20 per cent of the cigarette industry in India.

ITC stocks rise 2 per cent post cigarette cess hike

According to reports, the company increased cigarette prices of its three brands effective July 18.

24 July 2017 2:17 PM IST

Revenue Secretary Hasmukh Adhia

Scope for rationalisation of GST rates: Adhia

The intention is not to increase the taxes but to increase the revenue by implementing GST.

31 May 2017 10:21 AM IST

Representational Image

Consumer durables to cost more, daily items to be cheaper

The charges will be applicable once GST is implemented from July.

28 May 2017 1:35 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

GST Council may take up certain tax issues in Aug

CBEC chairperson Vanaja Sarna says department keeping track of revenue trends post GST rollout.

21 July 2017 3:07 PM IST

ITC shares rose as much as 5.5 percent in early trade to a record high of 292.15 rupees after news of the sale.

ITC shares tank up to 15 per cent on cigarette cess hike

GST Council raised the cess on cigarettes to take away an estimated Rs 5,000 crore annual.

18 July 2017 1:16 PM IST

Union finance minister Arun Jaitley speaks to the media after returning from his trip to UK in New Delhi. (Photo: PTI)

GST Council passes Central GST, Integrated GST laws

With this, govt hopes it was now possible to meet secondary deadline of July 1 for implementation.

4 March 2017 3:04 PM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

CAIT demands relook of items under 28 pc GST slab

A lot of confusion prevailed among traders over GST rates applicability of HSN Codes.

31 July 2017 8:01 PM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

GST on garment making may be lowered to 5 per cent

Currently, services in relation to textile yarns and textile fabrics attract 5 per cent GST.

31 July 2017 3:38 PM IST

Prime Minister Narendra Modi listening to Turkish President Recep Tayyip Erdogan during the India-Turkey Business Summit, in New Delhi on Monday. (Photo: PTI)

Modi's biggest tax reform GST to transform India's $2 trn economy

Indirect tax now on fast track to becomng a reality from July 1 as Council has finalised all tax rates.

22 May 2017 11:43 AM IST

Revenue Secretary Hasmukh Adhia

GST to cut inflation by 2 per cent, says Hasmukh Adhia

He said the all-powerful GST Council will meet next week to decide on tax rates of contentious items like gold, bidi and...

22 May 2017 1:10 AM IST

GST to cut inflation by 2 per cent : Adhia

Revenue minister said that special care has been taken to ensure inflation does not go up.

21 May 2017 12:04 PM IST

Commerce and Industry Minister Nirmala Sitharaman said

Exporters to get tax refund under GST within 7 days

India's exports grew by about 5 per cent to USD 276 billion in 2016-17.

20 May 2017 4:50 PM IST