Misbranded cigarette smuggling into India causes annual revenue loss of ₹21k cr
The New Indian Express Hyderabad|January 08, 2025
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.
SIDDHARTH PRABHAKAR @ Chennai

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.

Denne historien er fra January 08, 2025-utgaven av The New Indian Express Hyderabad.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra January 08, 2025-utgaven av The New Indian Express Hyderabad.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE NEW INDIAN EXPRESS HYDERABADSe alt
The New Indian Express Hyderabad

Shankar's Game Changing Role for Anjali

Ahead of the film's release, Anjali shares insights on her character, challenges, and working with Ram Charan and Shankar

time-read
4 mins  |
January 09, 2025
The New Indian Express Hyderabad

Fragrance for the Senses

Fragrance plays a beautiful role in our lives. For many, the aroma of our surroundings refreshes our minds and uplifts our spirits, turning even the most challenging days into brighter ones.

time-read
1 min  |
January 09, 2025
The New Indian Express Hyderabad

Music for soul

As we entered the home museum located in Lothukunta, the calming fragrance of sambrani dhoop welcomed us.

time-read
2 mins  |
January 09, 2025
The New Indian Express Hyderabad

SMILES, SPORTS & STARS

HE children smiled as they sprinted as fast as the wind - they were free, strong, and unstoppable just like the tri-colour balloons that had been set free into the skies just a few moments before the inauguration of the sports day at the National Institute for the Empowerment of Persons With Intellectual Disabilities (NIEPID), Bowenpally.

time-read
2 mins  |
January 09, 2025
The New Indian Express Hyderabad

How To Be A Travel Junkie!

This two-day travel festival in Mumbai this week brings together destinations, cultural experiences, food and more to inspire Indian globetrotters.

time-read
1 min  |
January 09, 2025
The New Indian Express Hyderabad

2025 F1 FAN PACKAGES, FINALLY UNVEILED!

The national carrier of Qatar is set to captivate globetrotters this year in Doha with Formula 1 races and must-see tourist attractions that the destination boasts...

time-read
2 mins  |
January 09, 2025
The New Indian Express Hyderabad

SA20: Skipper Markram aims a threepeat with Sunrisers Eastern Cape

FRESH from playing a key role in helping South Africa qualify for the third edition of the World Test Championship, Aiden Markram has set his sights on a threepeat with Sunrisers Eastern Cape in the SA20.

time-read
1 min  |
January 09, 2025
The New Indian Express Hyderabad

BFI Adopts New Weight Classes

The Boxing Federation of India (BFI) is conducting the men's national championships here in 10 weight categories, in line with the classification introduced by the breakaway World Boxing.

time-read
1 min  |
January 09, 2025
The New Indian Express Hyderabad

AFI's big push: De-centralisation of camps

New-look athletics body's one-of-a-kind policy set to encourage inclusivity & have wider pool of players to pick from

time-read
3 mins  |
January 09, 2025
The New Indian Express Hyderabad

Janssen-sational: TN Dragons pip Team Gonasika

JIP JANSSEN slammed a hat-trick to steer Tamil Nadu Dragons to a tight 6-5 win over Team Gonasika in a high-scoring Hockey India League (HIL) clash here on Wednesday.

time-read
1 min  |
January 09, 2025