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KARNATAKA LIQUOR REVENUE
These large-, mid- and small-cap stocks can give more than 25% return in 1 year, according to analystsAs the old saying goes: Nothing can be ruled out on the street. Which means that one should be prepared for anything. Now, what is the prob...- 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...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsThere are market phases when one risk dominates. Then there are phases like this, when risks arrive from every direction and refuse to stan...
- 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...
- 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...
- 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 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...
- Karnataka govt denies drop in liquor sales due to tax hikeThe Karnataka state government has dismissed the recent fall in liquor sales as a normal occurrence and not indicative of a decrease in dem...
- 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...
- In Karnataka, liquor revenue exceeds govt's target but beer sales lose fizzAs for consumption, people in fact drank less of both liquor and beer compared to the previous year, probably because the beverages became ...
- Andhra Pradesh government slashes liquor prices, cites increase in smugglingThe rate cut, which the government called rationalisation, was aimed at curbing inter-border smuggling of liquor from neighbouring states t...
- With 45 per cent of national intake, southern states draw 10-15 per cent revenue from liquor: ReportWhile Tamil Nadu and Kerala top the list in revenue percentage terms at 15 per cent each, for Kerala the tax on liquor is its single larges...
- 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...
- Excise department’s arm-twisting dulls bar spiritsExcise department officials too admitted that the retailers and bar owners are being made to buy more hard liquor than beer.
- Government to open 900 liquor shops in Karnataka, 30 in BengaluruGovt has called tenders for 350 outlets in first phase, on the condition that the shops should have detachable furniture so that outlets co...
- Karnataka CMO wants repeal of liquor manufacture ban lawThe note from the CMO followed appeals from distillers and brewers in Karnataka, according to which, the ban would disrupt their supply com...
- 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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