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STATE EXCISE TAXATION
Devans expands beer footprint as costs squeeze marginsDevans Modern Breweries is expanding its beer business into new Indian markets. The company is also developing a premium spirits portfolio ...- Tamil Nadu spends too much; Bengal earns too little: A tale of two deficitsTamil Nadu and West Bengal ended 2023-24 with revenue deficits, but their fiscal challenges differ significantly. Tamil Nadu's deficit stem...
- Karnataka plans excise policy that aims to cut alcoholic beverages consumption by 8-9% over six yearsKarnataka has released a draft excise policy proposing to cut alcohol consumption by 8–9% over six years, while shifting towards lower-stre...
- Karnataka to end alcohol price controls from April 2026Karnataka is set to overhaul its liquor tax system. Chief Minister Siddaramaiah announced reforms including an alcohol-content-based duty s...
- GST 2.0 reforms: Centre mulls extra duty on tobacco, states want shareTo maintain overall taxation on tobacco products post GST 2.0 reforms, the Centre may impose additional excise or special duty above the pr...
- Why beer in Goa costs you Rs 100 but Rs 305 in Karnataka, Rs 229 in Telangana?Alcohol prices in India vary significantly across states due to differing excise duties and taxes, with Goa having the lowest levies. This ...
- Drinking age lowered from 25 to 21 in HaryanaMoreover, the socio economic conditions of the day have changed drastically from the time when the earlier provisions were incorporated in ...
- Govt's excise mop-up from petrol, diesel doubles to Rs 3.7 lakh cr in FY21; states get Rs 20,000 crMinister of State for Finance Pankaj Chaudhary in a written reply to a question stated that collection from levy of central excise duty on ...
- Punjab government imposes COVID cess on liquorThe move will help the state to mobilise additional revenue of Rs 145 crore in the current fiscal.
- Daman to be Dadra & Nagar Haveli, Daman & Diu UT's headquarterThe government amended various tax acts covering the three tax systems, which will lead to saving for the exchequer and ensuring uniformity...
- The taxing bananas: Probe ordered on five-star hotel after Rahul Bose's video goes viral'Rahul Bose' has been one of the top trends on Twitter for the last two days.
- GST rollout: Distributors of steel relievedGST that was finally implemented from July 1 after a special parliament session at 12 midnight, intends to bring a number of indirect taxes...
- Budget 2017: Arun Jaitley makes smoking, paan masala costlierWhile the Budget did not change the basic excise duty for cigarettes, it increased the additional excise duty for filter cigarettes which w...
- Haryana to suffer Rs 1,340 cr loss due to shifting of liquor vendsHaryana Excise and Taxation department today said it will suffer financial loss of Rs 1,340 crore because of shifting of liquor vends from ...
- Desi liquor brands with foreign names flood poll-bound PunjabDollar Rum and Cash Whisky are doing spirited business, but no less popular are brands like Khasa Mota Santra, Binnes (sic) Raspberry and F...
- Punjab Excise & Taxation dept detects fraud of Rs 200 crorePunjab Excise and Taxation department has detected a fraud to tune of Rs 200 crore.
- Punjab government selects Wipro for deploying tax management systemWipro will also manage the software for five years, the company said in a statement, without disclosing the financial terms of the contract.
- Remove veil around state VAT on tobaccoGiven this high rate of excise on cigarettes, the current debate on a possible extension of the State VAT thereto, in addition to the excis...
- FM may raise I-T exemption limit to Rs 60,000, slash exciseThe budget is likely to bring some cheer to manufacturers and consumers. According to sources, the Union Budget '03 is expected to stimulat...
- VAT laws to be ready by OctoberPunjab's excise and taxation department has brought out a 61-page preliminary draft for the proposed value added tax.
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