IFIN

Sensex 73963.1 -66.66 (-0.09) 13-Mar-2025

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74029.76

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Company News Details

ITC Ltd

Industry : Cigarettes

BSE Code

ISIN Demat

Book Value()

500875

INE154A01025

58.2991836

NSE Symbol

P/E(TTM)

Mar.Cap( Cr.)

ITC

25.87

515679.51

EPS(TTM)

Face Value()

Div & Yield %

15.93

3.33

Back

ITC Ltd

Tobacco makers' shares decline amid reports of GST hike on tobacco products

Feb 20,2025

Godfrey Philips India (down 4.71%), VST Industries (down 3.34%) and ITC (down 1.08%) declined.

Media reports suggest the government may increase the GST on cigarettes and other tobacco products once the compensation cess ends. Currently, these products, classified as 'sin goods,' are taxed at 53% (28% GST plus other levies), short of the WHO's 75% target. A potential strategy is to raise the GST to the 40% limit and add an excise duty. Tobacco products, including cigarettes and pan masala, contribute significantly to government revenue.

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	KYC RDD Annexure

Sr No	Start Date	Department	Tender Details	Status
1	18-02-2025	IT	RFP for Procurement of HP Hard Disk
			A. General Information
			B. Technical Bid
			C. Financial Bid
2	18-02-2025	IT	RFP for Procurement of HP Server
			A. General Information
			B. Technical Bid
			C. Financial Bid
3	07-12-2024	Administration	RFP for office premises on lease at Chennai	16-12-2024
			A. News Paper Article
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Pre Bid Meeting Link
			F. Technical BID Meeting Link
			G. Financial BID Meeting Link
4	10-06-2024	IA	RFP for appointment of internal auditors for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
			A. Request For Proposal
			B. Extension of RFP
5	10-06-2024	IA	RFP for appointment of internal auditors and Concurrent Audit for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
6	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Closed
7	16-10-2023	Compliance	RFP for Procurement of AML/PML software solution
	06-11-2023	Compliance	A. Addendum - Extension Period for procurement of AML/PML sofware solution
8	28-10-2024	IT	RFP for Procurement of Firewall	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
9	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
10	07-07-2023	CS	RFP for Secretarial Audit
11	26-06-2023	IT	RFP for AMC of Online UPS system installed at IFINs Branch office	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
12	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
13	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
14	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Extension of RFP
			F. Closure of RFP
15	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
16	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
17	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
			A. Status_of_RFP_for_secretarila_audit
18	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
19	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
20	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
21	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
22	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
23	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed