Karnataka becomes India's first state to adopt an Alcohol-in-Beverage excise duty structure. This new policy, effective May 11, deregulates...

Karnataka, one of India's highest-tax alcohol markets, said in March it ⁠will scrap government price controls and shift to strength-based e...

The United States is accelerating research into psychedelic drugs for mental illness. This shift prompts India to re-evaluate its own drug ...

Local alcohol manufacturers in Karnataka have urged Chief Minister Siddaramaiah to review the proposed liquor tax system, saying it favours...

Karnataka has released a draft excise policy proposing to cut alcohol consumption by 8–9% over six years, while shifting towards lower-stre...

Alcoholic beverage manufacturers in Bengaluru are seeking a review of proposed excise duty rules, fearing a European model's negative impac...

Indian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...

Karnataka's new excise policy is set to benefit United Breweries significantly. The state is shifting to a global taxation standard, deregu...

Karnataka is poised for a significant policy shift in its liquor sector, moving towards deregulation. This move is expected to benefit majo...

Karnataka is set to overhaul its liquor tax system. Chief Minister Siddaramaiah announced reforms including an alcohol-content-based duty s...

Confederation of Indian Alcoholic Beverage Industry requests uniform taxation. It also seeks promotion of Indian heritage spirits like Mahu...

There is no silver bullet to minimising harm from alcohol. Multidimensional causality leading to growing demand requires a portfolio of mea...

Within 'sin goods', there are different product categories with different nutrition levels and health impacts. Therefore, treating all of t...

Currently, alcohol for human consumption or potable alcohol is out of the ambit of GST and states are free to levy taxes on them. However, ...

The current valuation of United Spirits is not pricing in potential negative surprises.

The consumption of beer stood at only 7 per cent leaving wine consumption with a statistically negligible figure of 0.1 per cent.

Restrictive regulations, including progressive taxation and pricing controls are curbing profit growth in alcoholic beverages market.