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Excise duty from Tobacco Products |
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| 27-3-2012 | ||||||||||||||||
Press Information Bureau Government of India Ministry of Finance 27-March-2012 18:13 IST The total revenue collected from central excise duty during the financial year 2011-12 (upto January, 2012) is about Rs. 1,14,046 Crore (provisional). The total excise duty collected from tobacco products during the financial year 2011-12 (upto January, 2012) is about Rs. 14,804 Crore (provisional). The break-up of excise duty collected from tobacco products during the financial year 2011-12 (upto January, 2012) is under:-
* provisional. The Tobacco Board undertakes a number of welfare activities to protect the interest of the tobacco growers and their families such as Group Personal Accidental policy, life term insurance policy for growers etc. Under the Tobacco Growers Scheme launched in March, 2010, the Tobacco Board provides financial assistance for relief in the event of death of grower member, treatment of major illness, advances for marriages of girl child of the grower member etc. These activities are undertaken by the Tobacco Board out of revenue generated by it. This information was given by the Minister of State for Finance, Shri S.S. Palanimanickam in written reply to a question in the Rajya Sabha today. DSM/SS/SL |
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