The Indian Beverage Association requests a GST reduction on aerated drinks. They propose lowering it to 18 percent. This move aims to boost...

The Indian Beverage Association urges the finance ministry for a sugar-based taxation system, aligning with global standards, ahead of a cr...

Sin Tax Budget 2025: India’s plan to become a developed nation by 2047 requires a healthy workforce, but over 1% of GDP is lost to cigarett...

The Indian government held steady on sin taxes for tobacco in the latest budget. Cigarette taxes remained unchanged. A proposed 35% GST on ...

The Swadeshi Jagran Manch, along with other trade bodies, criticizes the proposed 35% GST on "sin goods" like tobacco and aerated beverages...

The GoM on GST rate rationalisation has proposed increasing the tax on aerated beverages to 35% from 28% and similarly raising taxes on sin...

Varun Beverages share price: Shares of Varun Beverages fell by 5.2% as the Group of Ministers proposed raising the GST rate on aerated drin...

ITC share price: Shares of companies like ITC and Godfrey Phillips fell as the GoM decided to increase GST on tobacco and aerated beverages...

"The decision to place fruit-based, non-caffeinated sparkling drinks in the sin tax category, taking GST on Appy Fizz up by to four times f...

India's beverage industry, facing a 40% GST on carbonated drinks, advocates for tax rationalization to spur innovation, job creation, and i...

New Delhi-based Indian Beverage Association (IBA), an industry group that represents Coca-Cola, PepsiCo, Red Bull and Dabur, has urged the ...

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

Facing heat from GST officials for evading taxes on the pretext of adding fruit juice or pulp to their carbonated beverages, local soft dri...

Aerated drinks are placed in the GST slab of 28% and levied a compensation cess of 12%. Terming the tax slab as 'discriminatory treatment',...

Quoting the director general of the NHS Ministry, Dr Asad Hafeez, the paper said that tax on tobacco and sugary beverages was being charged...

Prices of colas may go up by around Rs 1-8 as the excise duty on sugary aerated water has been increased from 18% to 21% in the budget.

Coca Cola has protested that if it has to pay such a high tax, it will have to close down several factories and ancillary facilities, costi...