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KARNATAKA EXCISE DUTY
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...
India meets FY26 with cheers & beers: High-end spirits popular; ale beats rainy daysIndia's liquor sales saw a rebound in the year ended March, with spirits volume growing 4% and beer volumes also rising 4%. This recovery w...
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...
Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
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...
'Is development of current govt in Keralam, Puducherry visible to anyone?': Karnataka's DK ShivkumarKarnataka Deputy Chief Minister DK Shivakumar asserted that the Congress-led United Democratic Front is the sole solution for unemployment ...
Centre reduced excise duty on petrol, diesel keeping polls in mind, alleges D K ShivakumarKarnataka Deputy Chief Minister D K Shivakumar has stated the central government's decision to reduce excise duty on petrol and diesel is m...
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 to end alcohol price controls from April 2026Karnataka is set to overhaul its liquor tax system. Chief Minister Siddaramaiah announced reforms including an alcohol-content-based duty s...
Karnataka fuel price hike: CM Siddaramaiah defends move, says it will ensure fundingKarnataka Chief Minister Siddaramaiah defended the recent hike in petrol and diesel prices, arguing it will fund essential services and dev...
United Spirits brands to cost more in KarnatakaUnited Spirits, the country's biggest liquor firm, said price tags for its brands will go up by 14-17% in Karnataka after the state announc...
Both GST and Excise duty can be imposed on tobacco: Karnataka HCThe Karnataka High Court has ruled that the Union government is entitled to levy Central GST (CGST) as well as excise duty on tobacco and t...
Fund-starved Karnataka raises liquor duties, distillers say move won’t help anyoneChief minister BS Yediyurappa has been exploring revenue opportunities, and plans to also auction off plots of land in and around Bengaluru...
Karnataka hikes excise duty on liquor by 11 per cent"We have increased the excise duty by 11 per cent. Other than this during the budget also the excise duty was increased,"Chief Minister B S...
Karnataka Budget: Excise duty on liquor increased by 8%The 13th state budget and 6th in a row saw a big stress on the health sector and farmers.
- Maharashtra makes first move on wine excise 'truce'
In what can be seen as a possible truce between the two largest wine producing states, the Maharashtra government has proposed to bring dow...
- Domestic wine industry in a fix
The domestic wine industry is facing problems of protectionist taxation by the two big manufacturing and consuming states, Maharashtra and ...