Centre increases tax on liquor
The Central government has increased the Tax Collected at Source (TCS) on the sale of alcoholic beverages for consumption from 1 percent to 2 percent, as announced in the Union Budget 2026–27.
The Central government has increased the Tax Collected at Source (TCS) on the sale of alcoholic beverages for consumption from 1 percent to 2 percent, as announced in the Union Budget 2026–27.
Nagomi whisky from Oaksmith has been awarded Silver in the Blended Whisky category for Taste at the World Whiskies Awards 2026, marking a significant global milestone for Oaksmith, India’s pioneering international blended whisky brand.
Monika Alcobev Ltd. has partnered with renowned designer Gaurav Gupta for the launch of his new menswear store at DLF Emporio in New Delhi, with 1800 Tequila positioned as the exclusive premium spirits partner for the occasion.
Meta, the parent company of Facebook, has confirmed that a technical error that wrongly flagged and limited recommendation visibility for numerous business pages, particularly those related to alcohol, has now been fixed.
China has decided to reduce import tariffs on whisky from 10 percent to 5 percent following trade discussions between the UK Prime Minister Keir Starmer and Chinese President Xi Jinping.
Irish whiskey distillers could benefit from the European Union’s (EU) proposed trade deal with India, said Ireland’s Minister for Agriculture Martin Heydon.
Edrington, the international premium spirits company, has announced the appointment of Paul Ross as Chief Operating Officer of Edrington India.