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MAHARASHTRA BEER TAX
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...- 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...
- 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...
- From Berlin to Bengaluru: Europe’s beer giants bet big on IndiaEurope's beer market is stagnating, prompting brewers like Soufflet Malt to invest heavily in India, a booming market. With per capita cons...
- Tipplers swap shots for pints as states shake up liquor lawsTipplers in Assam, Uttar Pradesh, Maharashtra, West Bengal, and Meghalaya are choosing beer over hard spirits. This shift follows changes i...
- United Breweries working with multiple states to introduce equitable taxation and policy decisionsUnited Breweries faces challenges from state taxes and raw material issues. The company is working with states for fair taxation. Some stat...
- Liquor sales volumes to decline after steep, abrupt increase in duty: CIABC to Maharashtra governmentThe Maharashtra government's excise duty hike on IMFL whisky, increasing MRP by about 85%, is raising concerns among industry players like ...
- Taxes on beer already very high compared to IMFL whisky in Maharashtra: Brewers AssociationThe Brewers Association of India (BAI) supports Maharashtra's decision to raise excise duty on IMFL whisky, citing already high beer taxes....
- Telangana rations Kingfisher beer after Heineken turns off taps in price rowTelangana, the largest beer-consuming state in India, is rationing Kingfisher beer after United Breweries, controlled by Heineken, halted s...
- India needs to lower taxes on beer to spur demand, says Budweiser chief Jan CrapsAnheuser-Busch InBev, the world's largest beer company, has urged India to lower beer taxes to boost demand. The company has invested $1.5 ...
- Beer market to recover by Q1 of FY22 if Maharashtra, Telangana can control Covid cases: AB InBevIndian unit of world’s biggest brewer expects demand recovery in several states such as West Bengal, Karnataka, Goa and north India by the ...
- Anheuser Busch InBev slash prices of its premium brands-Hoegaarden and Corona by 26-57%These brands were imported until recently but are now being made in Karnataka and Maharashtra. Within the imported beer segment, Mexican pa...
- United Breweries may be among the biggest beneficiaries as bars slowly reopen across the countryThe UBBL stock has declined 23% in the last one year and 15% in the past two years with steep taxes by states, increase in input prices in ...
- Beer party continues on the street, but it’s going a bit flatIndia's beer sales expanded at the fastest pace in three years in 2019, but companies said growth had slowed sequentially in every quarter ...
- Brewers' body wants beer to be sold like FMCG productsAIBA, an industry breweries body, is also demanding a separate classification of beer from hard-drinks or spirits citing lesser alcohol con...
- Beer industry seeks tax rationalisation based on alcohol contentFaced with flat growth, All India Brewers Association said rationalisation in taxes was necessary from a public safety point of view also.
- Indian liquor market sobers up in FY12High prices took the froth out of the Indian spirits industry last fiscal. The beer mkt inched up just 3-4% in the year ended March.
- Beam Inc launches pre-mixed Teacher's Scotch and cola in cansAmerican spirits maker Beam Inc has launched Teacher's Scotch alcopops, pitting it against Bacardi Martini which created the category in In...
- Beer loses fizz, growth slows on short summerIndia’s beer consumption reported a moderate 6-7% growth in the first six months of the financial year, as short summer and the boycott of ...
- British brewer SABmillar acquires Foster's IndiaUK-based SABMiller plc, one of the world's leading brewers, on Tuesday announced it has acquired Foster's India, belonging to Australian dr...
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