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BEVERAGE ASSOCIATION TAXATION
New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...- Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
- New policy will benefit premium brands, hurt local ones, distillers tell Karnataka CM SiddaramaiahLocal alcohol manufacturers in Karnataka have urged Chief Minister Siddaramaiah to review the proposed liquor tax system, saying it favours...
- Karnataka liquor taxation: Distillers to meet CM, seek review of new alcobev tax structureAlcoholic beverage manufacturers in Bengaluru are seeking a review of proposed excise duty rules, fearing a European model's negative impac...
- Beverage companies seek 'sugar-based' tax in line with global modelsThe Indian Beverage Association urges the finance ministry for a sugar-based taxation system, aligning with global standards, ahead of a cr...
- Why beer in Goa costs you Rs 100 but Rs 305 in Karnataka, Rs 229 in Telangana?Alcohol prices in India vary significantly across states due to differing excise duties and taxes, with Goa having the lowest levies. This ...
- How Budget 2025 can walk the tightrope of India's 'sins'Sin Tax Budget 2025: India’s plan to become a developed nation by 2047 requires a healthy workforce, but over 1% of GDP is lost to cigarett...
- Beverage association say taxation "a bottleneck at all levels"The Indian Beverage Association (IBA) expressed concerns over a potential GST rate hike on aerated drinks. Currently, these beverages face ...
- Taxation of 40% on carbonated beverages hampering innovation: Indian Beverage Association’s JP MeenaIndia's beverage industry, facing a 40% GST on carbonated drinks, advocates for tax rationalization to spur innovation, job creation, and i...
- UBL, AB-InBev, Carlsberg jointly form Brewers' Association of IndiaThe Brewers' Association of India (BAI) was officially launched by the country's leading beer manufacturers, United Breweries (UBL), AB-InB...
- Top beer companies launch a new brewers association in India, backed by World Brewing AllianceBrewers Association of India (BAI) is being established in partnership with the World Brewing Alliance (WBA), the global industry body cons...
- Exempt fizzy, juice-based drinks from sin tax: CompaniesNew Delhi-based Indian Beverage Association (IBA), an industry group that represents Coca-Cola, PepsiCo, Red Bull and Dabur, has urged the ...
- Non-alcoholic beverage market likely to hit Rs 1.47 lakh cr by 2030, says ICRIER reportAccording to the report by economic policy think tank ICRIER, "the size of the market was estimated at Rs 671 billion (Rs 67,100 crore) in ...
- Liquor sales decline up to 60% in May-June in states with high Corona cess: ReportAfter the retail sales of liquor were resumed after six weeks of closure in May, several state governments facing shortage of financial res...
- Thought packaged juice is good for health? Turns out, sweetened drinks may up cancer riskSweetened beverages are also known to increase obesity.
- Coca-Cola India head Venkatesh Kini quits, Krishnakumar to replace himKrishnakumar is currently CEO and South West Asia Regional Director of Hindustan Coca-Cola Beverages (HCCB), the bottling arm of the compan...
- Coca-Cola India chief Vekatesh Kini dismisses concerns of sugar and attritionSpeculation has been rife that at least a couple of senior officials are leaving the Indian unit of the world’s largest fizzy drinks maker....
- Rs 1,400 crore may fizz out of Coca-Cola, PepsiCo coffers as Tamil Nadu traders mulling to ban productsMajor trade associations of Tamil Nadu accused the firms of “exploiting the state's water bodies to manufacture aerated drinks while farmer...
- Breweries want beer to be delinked from hard liquors for taxesIndian beer makers have demanded that all the state governments should delink the beverage from hard alcoholic liquors as far as levying ta...
- Coke, Pepsi join hands for beverage associationCoca-Cola & Pepsi have come together along with other beverage makers, bottlers to form the Indian Beverage Association. Best champagnes | ...
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