Alcohol-in-beverage: Karnataka leads India’s next liquor tax experimentKarnataka becomes India's first state to adopt an Alcohol-in-Beverage excise duty structure. This new policy, effective May 11, deregulates...
17 May, 2026, 04.50 PM IST
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...
12 May, 2026, 05.00 AM IST
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...
25 Apr, 2026, 12.18 PM IST
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...
27 Mar, 2026, 10.38 PM IST
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...
30 Aug, 2025, 08.32 AM IST
Indian spirit makers flag discrimination against domestic brands by states' excise policiesIndian spirit makers have alleged bias in several state excise policies, claiming imported alcoholic beverages are taxed more favourably th...
18 Aug, 2025, 06.29 PM IST
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 ...
12 Jun, 2025, 06.41 PM IST
Sula Vineyards, GM Breweries shares jump up to 18%. What's making their brew stronger?Sula Vineyards and GM Breweries shares surged as Maharashtra's new liquor policy spared beer and wine from excise duty hikes, benefiting co...
11 Jun, 2025, 11.01 AM IST
After Ladki Bahin scheme, Maharashtra hikes liquor duties to ease cash crunchFacing a cash crunch due to payout schemes, the Maharashtra government has decided to hike excise duty on Indian-made Foreign Liquor (IMFL)...
11 Jun, 2025, 12.36 AM IST
States have the fiscal room to cut taxes on petrol, diesel : SBI31 May, 2022, 02.37 PM IST
"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...
12 Dec, 2021, 11.00 AM IST
Total tax on petrol down to 50 pc, diesel to 40 pc after duty cutsTwo dozen states and UTs have matched the central government's excise cuts with a VAT reduction. And, in those states, the percentage of ta...
07 Nov, 2021, 01.07 PM IST
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...
14 May, 2015, 03.19 PM IST
Your wait for true Indian brandy just got longerAfter govt allowed production of grape spirit from wine grapes, only two wineries have got the licence while proposals of 6 to 7 wineries a...
22 Oct, 2013, 09.04 AM IST
- Maharashtra makes first move on wine excise 'truce'
In what can be seen as a possible truce between the two largest wine producing states, the Maharashtra government has proposed to bring dow...
06 May, 2009, 02.17 AM IST
- Domestic wine industry in a fix
The domestic wine industry is facing problems of protectionist taxation by the two big manufacturing and consuming states, Maharashtra and ...
17 Jan, 2009, 02.24 AM IST
- Imported spirits likely to become costlier in Maharashtra
Soon, you may have to pay a little more to buy foreign spirits brands in Maharashtra.
14 May, 2008, 02.03 AM IST