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ALCOHOL TAX
Premiumisation core growth engine for alcobev: ISWAI reportPremiumisation is driving growth in India’s alcoholic beverages market, with the premium segment expanding at a 10.2% CAGR between 2022 and...- From a Jaipur original to a multi-city brand: Zolocrust’s measured expansionAs Zolocrust, a renowned vegetarian café chain, marks its 11th year, it is excitedly planning expansions into vibrant cities like Delhi and...
- After flat Indian-Made Liquor sales in April-Sep period, industry body warns Karnataka of harm to revenueThe Confederation of Indian Alcoholic Beverage Companies opposes Karnataka's increased taxation on Indian-Made Liquor. Recent data shows st...
- IMFL segment: Premium products share expected to hit 35-36 pc in 3-4 years, says industryThe India-UK Free Trade Agreement, which became effective from July this year, is supporting premiumisation in the domestic spirits market ...
- When nothing is cheap, winners may come from any corner: 19 stocks with downside to upside potential of -28% to plus 22%Because each pharma company took a different road, they no longer rise and fall together. Where any one of them stands in 10 years depends ...
- Product's form at sale, not end use, will determine tax rate: Supreme CourtThe Supreme Court has ruled that the tax rate applicable to a product must be determined by its physical form at the time of sale, not its ...
- Karnataka liquor volumes flat in H1 as beer gets three cheersKarnataka observed significant growth in beer sales, rising by 41% in the first half of the fiscal year. Indian-made liquor sales, however,...
- Industrial alcohol is the GST Council's unfinished federal business: States won the legal fight, but the 18% GST still appliesThe GST Council is set to meet regarding the regulation of industrial alcohol, which has been contested between the government and states. ...
- Hidden cost of travel: Visa fees, card markups, optional tours and tips that can add 25-40% to budget; here's how to plan for themMany travelers fail to account for hidden costs while planning international journeys, often only considering major expenses. These overloo...
- Portuguese forts, paved pathways, golden beaches: Anand Mahindra feels this coastal town in Gujarat is like a movie scriptDaman is stepping into the spotlight as a captivating heritage tourism spot, shedding its previous reputation. Billionaire industrialist An...
- Mix 3 tbsp denatured alcohol into 1 quart of water for dirty windows; the two-ingredient formula can make a simple glass cleanerA university extension service suggests a simple homemade window cleaner. This effective solution uses denatured alcohol mixed with water. ...
- Qualitatively 'happy hours': India’s liquor problem is not what you thinkIndia's food regulator has targeted popular alcohol brands for using neutral spirit and misleading ageing claims. Many Indian liquors are a...
- Quote of the day by George Clooney: “You need to have flopped quite a few times to get a sense of how little any of it has to do with you” — a key lesson that failure does not define your abilities, but teaches valuable lessons, builds resilience and helps you make better decisions while recognising that not every outcome is within your controlQuote of the day by George Clooney: George Clooney believes repeated failures offer valuable lessons about external influences. He learned ...
- Devans expands beer footprint as costs squeeze marginsDevans Modern Breweries is expanding its beer business into new Indian markets. The company is also developing a premium spirits portfolio ...
- Deaths due to passive smoking in India up 50% compared to 1990: Lancet studyDeaths from second-hand smoke in India rose nearly fifty percent by 2023. This occurred even as overall death rates improved by about thirt...
- Beer gets its buzz going as spirits market sobers upState-level tax increases hurt demand for spirits, with growth at only 2%; beer volumes jump 17%, led by Maharashtra and Karnataka.
- UBL sees India as key growth engine for Heineken; focuses on premiumisation, margin expansionUnited Breweries Ltd sees India as central to Heineken's growth agenda. The Indian market is experiencing rising premiumisation and offers ...
- Delhi Lakshmi Yojana RD maturity set for July 2029, year of next Lok Sabha pollsThe Delhi Lakshmi Yojana's recurring deposit matures on July 31, 2029. Eligible women receive Rs 2,500 monthly, with Rs 1,500 in RD and Rs ...
- Untested in court, Trump's new tariffs on Canada raise legal questionsPresident Trump invoked a 96-year-old law to impose tariffs on Canadian imports. This action prompted retaliatory measures from Ottawa, str...
- Trump says the US doesn't need Canada. America's economy says otherwiseDespite President Donald Trump’s claim that the United States does not need Canada, both economies remain deeply interdependent. Canadian o...
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