GST revamps: FM Sitharaman announces special 40% tax slab for sin goods; levied on bidi, tobacco & more – The Times of India
The GST Council on Wednesday approved the creation of a new slab of 40% for sin and luxury goods, marking...
Tobacco Products
WSJ News Exclusive | Altria in Talks to Buy Vaping Startup NJOY for at Least $2.75 Billion, Divest Its Stake in Juul
WSJ News ExclusiveBusinessMarlboro maker looks to buy rival e-cigarette company after struggles with Juul Source link
Philip Morris Raises Offer for Swedish Match and Buys U.S. Rights for IQOS
Philip Morris said it is now offering 116 Swedish kronor, equivalent to $10.34, for each Swedish Match share, up from...
Biden Administration Targets Removal of Most Nicotine From Cigarettes
The Biden administration is moving forward on a plan to mandate the elimination of nearly all nicotine in cigarettes, a...
WSJ News Exclusive | Biden Administration to Pursue Rule Requiring Less Nicotine in U.S. Cigarettes
The Biden administration intends to pursue a policy requiring tobacco companies to reduce the nicotine in all cigarettes sold in...
WSJ News Exclusive | Philip Morris International in Talks to Buy European Smokeless-Tobacco Rival
Philip Morris International Inc. PM 2.18% is in advanced talks to acquire Swedish Match SWMA -0.58% AB, according to people...
Biden Administration Advances Ban on Menthol Cigarettes
The Biden administration on Thursday took a significant step toward a national ban on menthol cigarettes, advancing a regulatory plan...
Inflation Is Everywhere, Including Places You Might Not Expect
Inflation is seeping through American business, hitting companies in unexpected ways beyond higher prices for materials, shipping or wages.It is...
Cigarette Companies Are Caught Between Death and Taxes
Cigarette companies are pouring billions of dollars into nicotine products that don’t come with the lethal health warnings of traditional...
