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Proposed excise tax hike alarms liquor businesses

Proposed excise tax hike alarms liquor businesses

Hiking the excise tax on liquor to 100% by 2030 will have an adverse impact on an industry whose performance is already on the wane, insiders and analysts warn.

Proposed tax on beverages should be based on sugar content: experts

Proposed tax on beverages should be based on sugar content: experts

If special consumption tax is levied on sweetened beverages, differential rates should be applied based on their sugar content just like alcoholic drinks, analysts have suggested.

Finance ministry proposes gradual hike in excise tax on liquors to 100%

Finance ministry proposes gradual hike in excise tax on liquors to 100%

The Ministry of Finance has recommended that the government should gradually raise the excise tax on liquor to 100% by 2030.

June 13, 2024 | 08:21 pm PT

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