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KARNATAKA ALCOHOL TAX
Karnataka's alcohol-content tax cuts consumption 2.4%, boosts revenue 13.4%Karnataka's introduction of alcohol content-based taxation has led to a 2.4% reduction in per capita alcohol consumption. During this perio...- While the world nursed a hangover, India ordered another roundIndia’s alcohol consumption rose 10% in the first half of 2026, even as volumes across 21 major markets fell 1%, according to IWSR data sha...
- IndoBevs in talks with multiple bankers for Rs 150 crore fund raiseIndoBevs is seeking to raise Rs 150 crore in debt to enhance its manufacturing and distribution capabilities. The company aims to strengthe...
- United Spirits’ popular segment sales fall 22.7% as state policies squeeze marginsUnited Spirits reported a 22.7% decline in its popular liquor segment sales during Q2 FY2027. The decline was attributed to increased taxes...
- After flat Indian-Made Liquor sales in April-Sep period, industry body warns Karnataka of harm to revenueThe Confederation of Indian Alcoholic Beverage Companies opposes Karnataka's increased taxation on Indian-Made Liquor. Recent data shows st...
- Karnataka liquor volumes flat in H1 as beer gets three cheersKarnataka observed significant growth in beer sales, rising by 41% in the first half of the fiscal year. Indian-made liquor sales, however,...
- Devans expands beer footprint as costs squeeze marginsDevans Modern Breweries is expanding its beer business into new Indian markets. The company is also developing a premium spirits portfolio ...
- Deaths due to passive smoking in India up 50% compared to 1990: Lancet studyDeaths from second-hand smoke in India rose nearly fifty percent by 2023. This occurred even as overall death rates improved by about thirt...
- Beer gets its buzz going as spirits market sobers upState-level tax increases hurt demand for spirits, with growth at only 2%; beer volumes jump 17%, led by Maharashtra and Karnataka.
- UBL sees India as key growth engine for Heineken; focuses on premiumisation, margin expansionUnited Breweries Ltd sees India as central to Heineken's growth agenda. The Indian market is experiencing rising premiumisation and offers ...
- Karnataka links liquor tax to alcohol contentBengaluru's government has launched a new excise policy. Beverages will now be taxed based on their alcohol volume. This move makes beer ch...
- Alcohol-in-beverage: Karnataka leads India’s next liquor tax experimentKarnataka becomes India's first state to adopt an Alcohol-in-Beverage excise duty structure. This new policy, effective May 11, deregulates...
- Cheers! Elara Capital sees 17% upside potential in United Breweries after Karnataka’s new excise policy, here’s whyKarnataka's new excise policy is set to benefit United Breweries significantly. The state is shifting to a global taxation standard, deregu...
- Karnataka's liquor deregulation: Why United Spirits, United Breweries & Allied Blenders are Dalal Street's new favouritesKarnataka is poised for a significant policy shift in its liquor sector, moving towards deregulation. This move is expected to benefit majo...
- United Spirits, other liquor stocks jump up to 7% after Karnataka CM announces excise policy revamp in BudgetShares of liquor makers like United Spirits, United Breweries, and Tilaknagar Industries rose sharply after Karnataka Budget 2026 proposed ...
- 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 ...
- North to South: On the trail for the cheapest spirits in IndiaGoa's affordable liquor prices, due to its unique tax structure, have made it a popular destination for budget-conscious travelers. While G...
- Liquor body CIABC urges Andhra Pradesh government to reduce corona cessIn a letter to the AP Government, CIABC has stated that on May 5 the state government imposed Additional Retail Excise Tax (ARET) on all ty...
- Liquor stocks rise as critical input left out of GST AmbitWhile liquor is not under the ambit of GST, analysts were expecting the government to include ENA,
- More than a 3rd of state taxes to stay out of GSTBy introducing GST, the Centre and states are hoping to make the economy more transparent and plug leakages.
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