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About 158 results for "fmcg tax"

Tax hike on cigarettes has led to other forms of tobacco consu...

ITC has said tobacco regulation should not be discriminatory to the cigarette industry, while asserting that the FMCG major has no plans to exit the segment despite its ongoing diversification. The Kolkata-based firm said taxes on cigarettes have "increased ... Business Standard, 1 week ago

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catchnews.com

FMCG stocks get helpful environment

The prospects for FMCG stocks performing well in the near term have improved with the Goods and Services Tax or GST launch and fairly widespread monsoon rains covering major parts of the country. However, FMCG stocks have given a mixed performance in the ...
 The Financial Chronicle2 months ago Fortnight of GST: Small firms emerging clear losers  catchnews.com2 months ago ITC suffers severe setback as Govt hikes cess on cigarettes  Sify2 months ago Sensex plunge as cess on cigarettes depresses ITC stocks  Sify2 months ago
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Money Today

Market Live: Sensex dives 300 pts, Nifty breaks 9850; FMCG index sinks 7%

ITC crumbled nearly 14 percent as brokerage houses downgraded the stock after the Goods and Services Tax (GST) Council decided to increase the cess on cigarettes.
 Money Control2 months ago Markets cheer GST: Sensex, Nifty soar 439 points this week, FMCG stocks rally  Money Today2 months ago Markets soars 439 points for week, gives thumps-up to GST  DNA2 months ago July 3, closing: Sensex, Nifty gain; FMCG and Auto stocks soar  MSN India2 months ago
Sify

Tax structure on processed food not providing impetus to agro-economy: ITC

Kolkata : ITC Ltd, which aspires to register a revenue of Rs 1 lakh crore from the new FMCG businesses by 2030, said on Friday the "tax structure" on processed food products "does not treat them as providing impetus to the agriculture economy".
 Sify1 month ago

HUL cuts prices of select products post GST

FMCG major HUL has reduced the prices of some of its detergents and soaps, extending the tax benefits the company has got under the GST regime to consumers. The company has slashed the price of its detergent soap Rin bar of 250 gm to Rs 15 from Rs 18 and ...
 Business Standard2 months ago Emami cuts hair oil prices  Business Standard2 months ago

GST impact: FMCG firms to extend tax benefits to customers, slash prices

Patanjali, ITC, HUL, Marico have either slashed prices or increased grammage of products
 Business Standard2 months ago FMCG cos to extend tax benefits to customers, slash prices  DNA2 months ago
Money Control

GCPL drops soap price up to 8%, expects uptick and positive H2

Home-grown FMCG firm Godrej Consumer Products Ltd (GCPL) has slashed its soap prices by 6 to 8 per cent, extending the tax benefits to its consumers, while absorbing the hike in hair colours. The company which sells soaps under brands as -- Cinthol and Godrej ...
 Business Standard2 months ago

FMCG sector stands to gain in the new tax regime

At midnight on June 30, the entire ecosystem including manufacturers, distributors, retailers as well as end consumer was grappling with the ramification of the new tax system. From a streets perspective, the implications are two-fold: what happens to the ...
 The Financial Chronicle2 months ago Organised players bet on semi-urban, rural market  The Financial Chronicle2 months ago FMCG sector to benefit from GST  Deccan Herald2 months ago

Destocking due to GST hits Emami's revenue in June quarter

FMCG major Emami Limited on Wednesday said significant destocking due to implementation of the Goods and Services Tax (GST) and inventory correction along with the geopolitical condition in the international markets have impacted its revenue in April-June ...
 Prokerala1 month ago RTI can hinder bureaucracy giving advice on decisions: FM  SME Times1 month ago Faced 'some hiccups' in trade channels post GST: ITC  Prokerala1 month ago
Money Control

Almost 100,000 temp jobs up for grabs this festive season

While there was a fear that the goods and services tax (GST) would led to retail, FMCG and e-commerce scurrying for cover and try to get the systems in place, the transition has been smooth leading to robust hiring numbers for temp workers.
 Money Control2 days ago
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