Telangana levies cess on liquor
The Telangana government has approved the re-imposition of a cess on select liquor categories, likely leading to a price hike across the state.
The Telangana government has approved the re-imposition of a cess on select liquor categories, likely leading to a price hike across the state.
In a major policy shift, The Jharkhand cabinet on Thursday approved a proposal by the state excise and prohibitions department that will allow private players to operate retail liquor outlets in the state.
The Karnataka government has issued a fresh notification announcing a hike in prices of beer and lower-range Indian Made Liquor (IML), with the revised rates coming into effect from Thursday.
In yet another move likely to impact alcobev consumers, the Karnataka government has proposed a fresh hike in liquor prices, days after raising taxes on other commodities.
The Kerala government has paved the way for serving liquor in IT parks by officially amending the Foreign Liquor Rules.
Liquor companies operating in Telangana have urged the state government to clear outstanding dues amounting to ₹3,100 crore, citing severe liquidity issues and rising working capital pressures.
In a significant boost to Telangana’s liquor market, 47 alcobev companies are set to make their debut in the state, collectively proposing 386 new alcohol brands.
Following the Telangana government’s recent approval of increased supply fees for beer companies, IMFL manufacturers are now seeking a similar price adjustment, citing mounting manufacturing expenses and a shrinking profit margin.