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Hefty excise duty on cigarettes may force ITC to separate its core tobacco business

Ever since the Union Budget levied hefty increase in excise duty on cigarettes, ITC’s stocks have been hampered affecting its core tobacco business and thus the company is thinking of separating its main business from other businesses.

BY Indian Retailer Bureau  |  Mar 30, 2015  |  comments ( 0 )  | 

Budget 2014: Smoking to be costly; colour TV, footwear set to be cheaper

Smokers will have to shell out more for the puff as Finance Minister Arun Jaitley today proposed a steep hike in duty on cigarettes.

BY PTI  |  Jul 10, 2014  |  comments ( 0 )  | 

Budget 2013: What it spells!!!

Here is what the Union Budget 2013 spells for Indian Retail.

BY Neha Malhotra  |  Feb 27, 2013  |  comments ( 0 )  |