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KARNATAKA EXCISE REVENUE
Tamil Nadu's excise revenue lags behind Karnataka, Maharashtra: GovtTamil Nadu's excise duty collections significantly lag behind Karnataka and Maharashtra, showing the lowest absolute collection and slowest...- Karnataka rolls out new alcobev policy, distillers unhappyBengaluru has a new excise duty on alcohol-in-beverage. Prices are now set by producers. The government cut liquor price slabs to make drin...
- 'Nao' is the time: Why Diageo India is backing this Indian craft gin producerAnand Virmani, Co-Founder & Master Distiller, Goa-based Nao Spirits & Beverages, explains how they marketed India’s first craft gin, Greate...
- 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...
- 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 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...
- 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...
- GST states quo won't do: Post-GST revenue divide widens across IndiaNew CAG data reveals states are diverging in fiscal health post-GST. Some states are effectively building revenue capacity, while others ar...
- 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...
- 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...
- Karnataka cuts proposed excise license fee hike to 50%The government also announced that the license renewal period has been extended from one year to five years, offering long-term relief to i...
- Karnataka orders beer makers to halt third shift of operationsThe decision could lead to a significant disruption in brewing products in India's second largest beer consuming state. However, the notice...
- 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...
- Karnataka: Tipplers helped state sail through 2020-21 by surpassing excise revenue targetData shared by the State excise department showed that the targeted revenue of state excise in 2020-21 was Rs 22,700 crore, which was 1,116...
- 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...
- Liquor prices in Karnataka to shoot up; beer, wine to get cheaper in barsKarnataka CM Siddaramaiah, who is also in charge of planning the State’s finances, on Wednesday proposed in his Budget for 2017-18 abolishi...
- Karnataka government authorities force shops to buy more liquor as it attracts higher excise duty compared to beerDuty on liquor is one of the biggest revenue-earners for the state government. IML sales registered a 15.89% increase in 2013-14 but droppe...
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