يحاول ذهب - حر
Misbranded cigarette smuggling into India causes annual revenue loss of ₹21k cr
January 08, 2025
|The New Indian Express Coimbatore
SMUGGLING of misbranded cigarettes from south-east Asian countries into India causes an annual tax revenue loss of ₹21,000 crore, apart from helping finance terrorism, India's biggest cigarette manufacturer has cautioned in a letter to the Union finance ministry, sources said.
The letter written by ITC Ltd, forwarded to all Customs and Directorate of Revenue Intelligence (DRI) formations last month, flags widespread smuggling of counterfeit cigarettes via air, sea and land routes, as well as speed post from foreign countries, mainly south-east Asia and Middle East, to India.
Apart from tax losses and funding organised crime rackets, this affects tobacco farmers as cigarettes are manufactured abroad, the letter stated.
هذه القصة من طبعة January 08, 2025 من The New Indian Express Coimbatore.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Coimbatore
The New Indian Express Coimbatore
A NOBEL WIN INDIA MUST TAKE NOTE OF
HE 2025 Nobel Prize in physiology or medicine could not have come ata more relevant time for India.
1 mins
October 10, 2025
The New Indian Express Coimbatore
Literature Nobel for master of the 'long-form'
LASZLO Krasznahorkai, a Hungarian novelist known for protracted sentences — some of which run into hundreds of pages — and whom a fellow writer termed “master of the apocalypse”, was awarded the Nobel Prize for literature on Thursday.
1 min
October 10, 2025
The New Indian Express Coimbatore
CM to address panchayats using optical fibre network
TAMIL Nadu’s rural broadband push is set to get a high-profile spotlight next week with Chief Minister MK Stalin scheduled to address thousands of village assemblies through a statewide optical fibre network.
1 min
October 10, 2025
The New Indian Express Coimbatore
Aadhav moves HC for quashing FIR over X post
REMAINING elusive for days after the Karur stampede, TVK general secretary for election campaign management Aadhav Arjuna has moved the Madras High Court praying for quashing the FIR registered against him by the Cyber Crime wing of Greater Chennai Police on his social media post allegedly calling for Nepal-like uprising against the state government.
1 min
October 10, 2025
The New Indian Express Coimbatore
LG IPO breaks record, booked 54 times; gets bids worth ₹4.43 lakh cr
LG Electronics India has recorded one of the highest subscriptions ever for a large Indian IPO (₹10,000 crore and above), with its initial share sale oversubscribed 54 times.
1 mins
October 10, 2025
The New Indian Express Coimbatore
Court relieves retired judge serving as interim admin of Siddha hosp for 19 years
HOLDING that the long continuance of interim administrators of societies or institutions would offend the spirit of democracy, the Madras High Court has directed a retired judge of the court to relinquish the duties of administering a Siddha hospital after 19 years.
1 min
October 10, 2025
The New Indian Express Coimbatore
Sex edu must be from young age, not from Class IX: SC
SEX education should be provided to children from a younger age, not from Class IX onwards, the Supreme Court held.
1 min
October 10, 2025
The New Indian Express Coimbatore
Pushed out by tigers, leopards stray into human dwellings in U’khand
A growing tiger population in Uttarakhand is creating tension in the forests, not just among humans but also among wildlife.
1 mins
October 10, 2025
The New Indian Express Coimbatore
SC directs legal help to the 3.66 lakh SIR exclusions
THE Supreme Court on Thursday asked the Bihar State Legal Service Authority (BSLSA) to issue directions to its district-level bodies for assisting 3.66 lakh voters excluded from the final electoral rolls in filing appeals with the Election Commission.
1 min
October 10, 2025
The New Indian Express Coimbatore
PM calls Trump, hails Gaza truce, discusses trade
PRIME Minister Narendra Modi on Thursday held a phone conversation with US President Donald Trump, congratulating him on the announcement of the Gaza ceasefire deal and reviewing the status of bilateral trade negotiations.
1 mins
October 10, 2025
Listen
Translate
Change font size