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MAHARASHTRA 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...- Govt gives up Rs 14,000 crore in tax revenue after excise duty cut on petrol and diesel: Petroleum MinistryThe Indian government has sacrificed nearly Rs 14,000 crore in tax revenue by lowering excise duty on petrol and diesel. This move aims to ...
- 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...
- 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...
- Bacardi, United Spirits move HC against Maharashtra liquor policyMajor liquor companies are challenging a new Maharashtra government policy in the Bombay High Court. They claim the policy unfairly benefit...
- Pernod Ricard high on India despite Maharashtra bottlenecksPernod Ricard anticipates immediate margin and growth benefits in India from the Imperial Blue sale, despite a significant excise duty hike...
- 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....
- United Spirits, other liquor stocks slide up to 6% after Maharashtra hikes excise dutiesShares of liquor companies declined after the Maharashtra government approved changes to liquor taxation and regulation to boost excise rev...
- Sula Vineyards shares tank 7% on Rs 116 crore excise duty noticeHowever, Sula Vineyards in an exchange filing said, "It may be noted that the Order does not affect the existing business or the activities...
- Maha govt to consider invoking MCOCA against repeat offenders involved in illegal transportation of liquorTalking to reporters in Satara, Desai said the department will carry out a drive to crackdown on smuggling of liquor from other states, esp...
- States have the fiscal room to cut taxes on petrol, diesel : SBI
- "Unfair playing field" against domestic liquor; makers ask Maha govt to reconsider duty reduction on imported productsIn November, the Maharashtra government had announced to reduce the excise duty on imported liquors by half, which is from 300 % to 150 % o...
- Maharashtra government cuts excise duty on imported scotch by 50%The revenue is expected to increase to Rs 250 crore as the sale is expected to go up from one lakh bottles to 2.5 lakh bottles, the officia...
- Maharashtra government to make home delivery of liquor legal“The main objective is to reduce growing cases of drunken driving due to which there have been many accidents and resulted in great loss of...
- Maharashtra makes Hologram on liquor bottles mandatory to curb hooch flowWithin the next one month, it will be mandatory for all liquor bottles to have a hologram to stop the entry of spurious liquid into the sta...
- Imported spirits likely to become costlier in MaharashtraSoon, you may have to pay a little more to buy foreign spirits brands in Maharashtra.
- State's excise collection from liquor to rise 17%The state excise collection, for the second consecutive year, is well on course to set a new high by March 31, ’07.
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