Karnataka has released a draft excise policy proposing to cut alcohol consumption by 8–9% over six years, while shifting towards lower-stre...

Alcoholic beverage manufacturers in Bengaluru are seeking a review of proposed excise duty rules, fearing a European model's negative impac...

Predicting the movement of the Nifty and Sensex is a fool’s task. Thursday’s trading on the market only underlines this truism. And it is i...

Karnataka's new excise policy is set to benefit United Breweries significantly. The state is shifting to a global taxation standard, deregu...

Karnataka is poised for a significant policy shift in its liquor sector, moving towards deregulation. This move is expected to benefit majo...

Shares of liquor makers like United Spirits, United Breweries, and Tilaknagar Industries rose sharply after Karnataka Budget 2026 proposed ...

Karnataka is set to overhaul its liquor tax system. Chief Minister Siddaramaiah announced reforms including an alcohol-content-based duty s...

Alcohol prices in India vary significantly across states due to differing excise duties and taxes, with Goa having the lowest levies. This ...

Karnataka's government has implemented a significant increase in beer duties, effective January 20, raising prices by Rs 10-45 per 650ml bo...

Karnataka is one of the largest AlcoBev-consuming states in India, however, the overall excise revenue generation is not in line with the c...

Cigarettes account for 86% of revenue from tobacco taxation, while the contribution to tax collections from beedi and smokeless tobacco are...

Credai Bengaluru, are trying to convince the government to cut or abolish stamp duty and registration fees in the wake of GST being impleme...

While July 1 is the Centre's self-imposed deadline, the final date for the launch according the constitutional amendment is September 16.

Last week the GST Council had approved tobacco cess to be kept as a mixture of Rs 4,170 per 1,000 sticks or ad valorem of 290 per cent.

On May 5, ITC had said it has shut down its production till the time it is able to comply with "interim requirements" of 85 per cent pictor...

ITC shut its plants from May 4 to comply with a new stipulated pictorial warnings rule issued by the central government, the company said i...

The domestic wine industry is facing problems of protectionist taxation by the two big manufacturing and consuming states, Maharashtra and ...