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ALCOHOL TAX CONTRIBUTION
New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...- 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...
- Meal vouchers at Rs 200 per meal: Who gets income tax benefit and how the ‘working hours’ rule appliesThe increase in the tax-exempt limit for employer-provided meals to ₹200 per meal under Rule 15 of the Income-Tax Rules, 2026 marks a signi...
- Kerala Govt criticises Centre's fiscal approach; highlights low alcohol tax contributionNoting that the consistent decline in the awards of the successive Finance Commissions serves as a compelling case in point, the document s...
- Why Coca-Cola is looking for fizz in a different bottleIntroducing an alcohol brand in India, Coca-Cola is strategically investing in the liquor market, propelled by an expanding middle-class, p...
- North to South: On the trail for the cheapest spirits in IndiaGoa's affordable liquor prices, due to its unique tax structure, have made it a popular destination for budget-conscious travelers. While G...
- Exempt fizzy, juice-based drinks from sin tax: CompaniesNew Delhi-based Indian Beverage Association (IBA), an industry group that represents Coca-Cola, PepsiCo, Red Bull and Dabur, has urged the ...
- Share of alcohol on rise in states' tax revenue kittyAlcohol accounts for an increasing share of revenue in states' taxes with one in every seven rupees earned by the states in 2022-23 is expe...
- Regulate, not ban, for safe drinkingThe way to minimise liquor-related tragedies is not prohibiting its consumption as in Gujarat and Bihar, but by bringing alcohol consumptio...
- Rs 3.9 lakh crore alcohol beverage market to grow at 6.8 pc: ICRIERThe market is expected to grow at a CAGR of 6.8 per cent till 2023, it said. The industry contributes to around 15 lakh jobs. ICRIER said o...
- Alcohol drinking linked to over 62,000 new cancer cases in India last year: Lancet studyThe study estimates that men accounted for 77 per cent (568,700 cases) of alcohol-associated cancer cases, compared with women, who account...
- Liquor body CIABC urges centre to not reduce customs duty on importsThe body, that represents leading liquor firms, has submitted a representation which states that any reduction in BCD must be gradual to pr...
- Macquarie has outperform on United Spirits, target price Rs 547The analyst suggested a stoploss at Rs $stopLossL .
- Buy United Spirits, price target Rs 570: Shrikant ChouhanThe analyst suggested a stoploss at Rs 530.
- Buy United Spirits, price target Rs 726: Chandan TapariaThe analyst suggested a stoploss at Rs 666.
- Buy United Breweries, price target Rs 1325: CK NarayanThe analyst suggested a stop loss at Rs 1285.
- Here's why booze bans don't workTaxes from alcohol sales roughly form a quarter of state revenues. If this stream suddenly stops, states have to compulsorily cut some impo...
- 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.
- Government plans to introduce ‘sin tax’ to curb use of alcohol, tobaccoIndia has mooted the introduction of a designated "sin tax" to finance a part of the health budget during the 12th five year plan (2012-201...
- Booze is the secret of Kerala’s fiscal energyIn Kerala, sales tax collections from petrol, diesel, ATF and kerosene has been eclipsed by tax revenues from brandy, whisky, wine, gin, ru...
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