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ITC, Godfrey Phillips, other cigarette stocks jump up to 13% amid reports of price hike
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Tobacco prices 📈 have risen 20% in the past seven months, while industry competition has intensified. Currently, cigarettes 🚬 are taxed at 28% under GST, plus additional cess and levies, bringing the
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ITC Ltd. has sharply raised cigarette prices across some categories, negating the impact of excise duty on its operating income, according to on-ground study by analysts at B&K Securities and InCred. [
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If buying a pack of #cigarettes has suddenly started to feel noticeably heavier on the pocket, it is not just perception. A fresh round of excise duty changes that came into force
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Price Hikes Are Very Sharp; Will Be Passed On In A Staggered Manner: Sanjiv Puri, ITC
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ITC Ltd. has sharply raised cigarette prices across some categories, negating the impact of excise duty on its operating income, according to on-ground study by analysts at B&K Securities and InCred. [
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India's ITC posts profit uptick on tax-led price hikes, Middle East crisis drags
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