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Challenges & Risks: Possibility of tax evasion and smuggling

And that has big implications for whether there should be high tax rates on personal income and corporate income, as well as whether there should be heavy death taxes and harsh tax rates on capital gains, interest, and dividends

#NeomaCapital #ITC #GodfreyPhillips #CigaretteTax #ExciseDuty To view or add a comment, sign in From February 1, #cigarette prices in India are set to rise by 1540% as the govt replaces the compensation cess with a 40% GST plus a new excise duty

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Kind of scraping the barrel with some of the fill today

The full text of this No Smoking Facility sign reads This Is A Tobacco-Free & Smoke-Free Facility We Appreciate Your Cooperation / Esta Es Una Instalacion Libre De Tabaco Y Humo Apreciamos Su Cooperacion