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KARNATAKA BEER TAX
Karnataka links liquor tax to alcohol contentBengaluru's government has launched a new excise policy. Beverages will now be taxed based on their alcohol volume. This move makes beer ch...- 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...
- 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...
- 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...
- Karnataka liquor taxation: Distillers to meet CM, seek review of new alcobev tax structureAlcoholic beverage manufacturers in Bengaluru are seeking a review of proposed excise duty rules, fearing a European model's negative impac...
- Cheers! Elara Capital sees 17% upside potential in United Breweries after Karnataka’s new excise policy, here’s whyKarnataka's new excise policy is set to benefit United Breweries significantly. The state is shifting to a global taxation standard, deregu...
- Karnataka's liquor deregulation: Why United Spirits, United Breweries & Allied Blenders are Dalal Street's new favouritesKarnataka is poised for a significant policy shift in its liquor sector, moving towards deregulation. This move is expected to benefit majo...
- Karnataka cuts proposed excise license fee hike to 50%The government also announced that the license renewal period has been extended from one year to five years, offering long-term relief to i...
- Beer brews a strong growth storyIndia's beer market experienced a significant surge in demand, growing by 10% in 2024-25, outpacing the previous year and contrasting with ...
- Beer sales in Karnataka contracting due to high taxes, bringing down tax revenues in state: BAIThe beer industry has urged Karnataka to halt frequent tax hikes, as recent increases have stalled beer sales and risk investments of over ...
- Brewers' body urges Karnataka govt to apply rules uniformly, flags frequent tax hikeThe Brewers Association of India (BAI) has requested the Karnataka government to address the frequent tax hikes and arbitrary regulations a...
- Karnataka budget: Govt to tweak duties on liquor, beer to be competitive with neighbouring statesTo safeguard revenues and prevent trade diversion to neighboring states, the Karnataka government plans to adjust duty rates for Indian Mad...
- Karnataka orders beer makers to halt third shift of operationsThe decision could lead to a significant disruption in brewing products in India's second largest beer consuming state. However, the notice...
- 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 ...
- 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...
- Beer sales plummet across states, brewers blame it on 'corona cess'Tipplers forming long queues at Indian liquor stores failed to bring respite for the beer industry as volume sales fell sharply in several ...
- Liquor prices in Karnataka to shoot up; beer, wine to get cheaper in barsKarnataka CM Siddaramaiah, who is also in charge of planning the State’s finances, on Wednesday proposed in his Budget for 2017-18 abolishi...
- Karnataka government authorities force shops to buy more liquor as it attracts higher excise duty compared to beerDuty on liquor is one of the biggest revenue-earners for the state government. IML sales registered a 15.89% increase in 2013-14 but droppe...
- No fresh tax in Karnataka budget; liquor, beer dearerSiddaramaiah, who holds the Finance portfolio also, sought to give a push to agriculture, backward classes, minorities and SC/STs.
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