United Spirits Q4 Results: Profit jumps 27% on demand for premium liquorKarnataka, one of India's highest-tax alcohol markets, said in March it will scrap government price controls and shift to strength-based e...
14 May, 2026, 07.34 PM IST
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...
03 May, 2026, 06.54 PM IST
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...
30 Apr, 2026, 07.36 PM IST
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...
20 Apr, 2026, 08.53 PM IST
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...
19 Mar, 2026, 02.17 PM IST
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...
06 Mar, 2026, 01.59 PM IST
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 ...
05 May, 2025, 03.17 PM IST
CIABC seeks uniform taxation, global push for Mahua, FeniConfederation of Indian Alcoholic Beverage Industry requests uniform taxation. It also seeks promotion of Indian heritage spirits like Mahu...
23 Apr, 2025, 02.23 PM IST
CIABC, APEDA to organise AlcoBev India 2025 on April 23The Confederation of Indian Alcoholic Beverage Companies (CIABC) and APEDA will jointly host AlcoBev India 2025 on April 23. The event will...
21 Apr, 2025, 10.24 PM IST
GST Council decision on ENA to bring stability in industry: CIABC"The GST Council's decision is a big relief to the industry, it will bring stability and settle nerves all over," Vinod Giri, Director Gene...
07 Oct, 2023, 08.12 PM IST
Non-alcoholic beverage market likely to hit Rs 1.47 lakh cr by 2030, says ICRIER reportAccording to the report by economic policy think tank ICRIER, "the size of the market was estimated at Rs 671 billion (Rs 67,100 crore) in ...
27 May, 2022, 05.39 PM IST
View: Taxation alone can’t be the instrument to reduce alcohol consumption & regulate safe drinkingWithin 'sin goods', there are different product categories with different nutrition levels and health impacts. Therefore, treating all of t...
04 Dec, 2021, 06.59 PM IST
Liquor body CIABC urges Andhra Pradesh government to reduce corona cessIn a letter to the AP Government, CIABC has stated that on May 5 the state government imposed Additional Retail Excise Tax (ARET) on all ty...
16 Jun, 2020, 06.59 PM IST
UBS cuts price target on United Spirits by 9%The current valuation of United Spirits is not pricing in potential negative surprises.
31 May, 2019, 08.29 AM IST
Breweries want beer to be delinked from hard liquors for taxesIndian beer makers have demanded that all the state governments should delink the beverage from hard alcoholic liquors as far as levying ta...
22 Feb, 2016, 08.49 PM IST
Stiff norms curbing profit growth in alcoholic beverages market in India: Moody's reportRestrictive regulations, including progressive taxation and pricing controls are curbing profit growth in alcoholic beverages market.
29 Jul, 2015, 02.59 PM IST
- Liquor sector for single-point, specific tax
IN order to avoid confusion on account of different excise rates in the liquor industry, National Council of Applied Economic Research has ...
15 Dec, 2001, 12.13 AM IST