[Headlines Only] [Top Stories Only]
Categories
· Health/Science
· Business (Tobacco)
· Tax
· Business (General)
non-USA, by Country
· India
Organizations
· ITC

No drop in tobacco consumption: ITC 

Jump to full article: The Times of India, 2008-08-02

Intro:

The quantum of Tobacco consumption has not come down despite the Government increasing the tax on cigarettes, Indian Tobacco Company Chairman Y C Deveshwar said on Saturday.

"It is going up in other forms like scented tobacco and Gutkha," he told reporters.

He told newsmen here Tobacco was being sold in so many forms like Gutkha and Paan, which, he claimed, caused oral cancer, and were more dangerous. "Unfortunately all the attention was only towards cigarettes,which were less harmful with filters and all," he claimed

He said government was only losing revenue by increasing the tax on cigarettes, and ITC's share in tobacco business had come down.

Jump to full article »