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KARNATAKA LIQUOR TAXATION
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...
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 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...
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...
United Spirits, other liquor stocks jump up to 7% after Karnataka CM announces excise policy revamp in BudgetShares of liquor makers like United Spirits, United Breweries, and Tilaknagar Industries rose sharply after Karnataka Budget 2026 proposed ...
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...
Why beer in Goa costs you Rs 100 but Rs 305 in Karnataka, Rs 229 in Telangana?Alcohol prices in India vary significantly across states due to differing excise duties and taxes, with Goa having the lowest levies. This ...
Cheers to higher prices: Karnataka's beer duty hike hits hardKarnataka's government has implemented a significant increase in beer duties, effective January 20, raising prices by Rs 10-45 per 650ml bo...
ISWAI urges Karnataka government to consider tax rationalisation on premium AlcoBev productsKarnataka is one of the largest AlcoBev-consuming states in India, however, the overall excise revenue generation is not in line with the c...
Liquor sales decline up to 60% in May-June in states with high Corona cess: ReportAfter the retail sales of liquor were resumed after six weeks of closure in May, several state governments facing shortage of financial res...
Liquor body CIABC urges West Bengal government to reduce high sales tax to sustain the industryIn a letter to the WB government, CIABC has stated that increase of tax on liquor by 30% on April 9 has led to drastic fall in liquor sale ...
Liquor body CIABC urges Andhra Pradesh government to reduce corona cessIn a letter to the AP Government, CIABC has stated that on May 5 the state government imposed Additional Retail Excise Tax (ARET) on all ty...
Beer sales plummet across states, brewers blame it on 'corona cess'Tipplers forming long queues at Indian liquor stores failed to bring respite for the beer industry as volume sales fell sharply in several ...
Retailers selling cigarettes and liquor in black hike pricesWhile grocery shops are the only ones selling cigarettes since pan-and-cigarette shops remaining closed for the 21 days lockdown, these ret...
UBS cuts price target on United Spirits by 9%The current valuation of United Spirits is not pricing in potential negative surprises.
Karnataka Budget 2018-19: Pay more for booze, ATF will cost lessThe government has been increasing the taxation on liquor every year. About 82% of price of alcoholic beverage except beer & wine, are taxe...
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 price may sober up to one rate in India
It is proposed that tax on Indian-made foreign liquor should be two-third or one-third of its MRP. In case of beer and wine, tax should be ...