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KARNATAKA EXCISE POLICY
United Spirits Q4 Results: Profit jumps 27% on demand for premium liquorKarnataka, one of India's highest-tax alcohol markets, said in March it will scrap government price controls and shift to strength-based e...
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...
Karnataka plans excise policy that aims to cut alcoholic beverages consumption by 8-9% over six yearsKarnataka has released a draft excise policy proposing to cut alcohol consumption by 8–9% over six years, while shifting towards lower-stre...
Marico, Radico Khaitan in focus as FMCG navigates inflation-led challengesIndia's FMCG sector navigates inflation. Input costs are rising, impacting margins. Companies are adjusting prices. Past cycles show resili...
Trump-Tehran, EVangelist for Us – time to charge the battery techEven as conflict and chaos linger in West Asia, India is witnessing a happy confluence of choice, cause and cost. This is a once in a lifet...
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...
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...
Delhi extends existing excise regime for retail liquor for 2026-27The Delhi government has decided to prolong the existing liquor policy for an additional year. This action reflects the ongoing efforts to ...
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...
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...
Liquor revenues on course but dropping sales worry distillers, retailers in KarnatakaKarnataka is on track to meet its ₹40,000 crore excise revenue target for 2025–26 despite a fall in liquor consumption after repeated tax h...
Siddaramaiah cites excise duty hike on fuel, mocks BJP for their campaign on price riseChief Minister Siddaramaiah criticized the BJP's protest campaign, coinciding with a central excise duty hike on petrol and diesel. He accu...
Excise policy 'scam': ED questions Delhi minister Satyendar Jain in Tihar jailOfficials of the agency recorded Jain's statement according to the provisions of the Prevention of Money Laundering Act (PMLA).
Delhi excise policy scam case: ED conducts fresh raids at 40 locationsAccording to sources, the raids began this morning and are being conducted in Nellore and some other cities in Andhra Pradesh, Karnataka, T...
United Breweries Q3 profit declines 2.5% to Rs 106 croreThe maker of Kingfisher reported a 2.05% increase in net sales in the third quarter at Rs 3255.97 crore.
- 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...
- Karnataka's excise policy on arrack auctions reaps high yield
Drastic slashing of excise duty per bulk litre from Rs 20 to Rs 2 to check the menace of sale of non-duty paid or seconds brew by Karnataka...