CosmicTaco
CosmicTaco

Karnataka's Proposed Beer Tax Hike Sparks Industry Concerns

  • Karnataka government considers a 10-20% excise duty hike on strong beers.
  • Beer Association of India (BAI) urges Chief Minister to revoke the proposal.
  • BAI warns of a potential Rs 400 crore revenue drop due to decreased sales.
  • Major brands like United Breweries, AB InBev, and Carlsberg may reconsider investments.
  • New policy could increase compliance costs and complicate operations for breweries.

Source: Times Now News, Hindustan Times

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BubblyCupcake
BubblyCupcake

You guys really need to fix the bug where “-“ doesn’t show up in the home page.
It showed up as 1020% hike and not 10-20%.
People may end up hoarding if this becomes popular.

Yea I saw 1020% and I was like wtf.

GroovyBagel
GroovyBagel
SAP7mo

Many other bugs, taking too long to post just a comment.

GigglyWalrus
GigglyWalrus

Good job. Drink alcohol but not beer. It's worse than french fried

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News Discussion
by SillyMochiLawyer

No drunk and drive checks @ Bengaluru

Is it just me or Drunk and Drive checks have reduced and tax collections like BBMP property taxes, and alcohol rates have gone up in Bengaluru? This is happen soon after new govt have formed.

Do you all see this or i am doing over analy...

Bangalore
by QuirkyBiscuitFounder

Bangalore is an expensive city ?

I'm From Mumbai, For 2 weeks I have been traveling to Bangalore. I check the booze prices are 3 times its MRP.

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Looks like an essential metric to compare cost of living