Rs100 in Goa & Rs305 in Karnataka, excise duty difference...

Rs100 in Goa & Rs305 in Karnataka, excise duty difference defeats spirit of '1 nation, 1 tax'

Posted

178

Alcohol prices in India vary significantly across states due to differing excise duties and taxes, with Goa having the lowest levies. This disparity undermines the 'one nation, one tax' principle, encouraging bootlegging and revenue loss for high-tax states. Industry bodies advocate for tax rationalization to promote sustainable revenue growth and discourage excessive consumption, but finance ministers are hesitant to relinquish taxation powers.

Read Full Article

Please log in to like, share and comment!

Entertainment

Virat chooses quiet time with Anushka, Vamika, Akaay in London

Virat Kohli is currently in London with Anushka Sharma and their children. He is taking a break...

By 0 5

Entertainment

Adnan Sami talks about father’s influence and impact of his loss

Adnan Sami paused his music career after his father’s death, which deeply affected him. His...

By 0 5

Entertainment

Santhy , Ashwin share how far Mollywood has come in casting

Every actor has a story to tell about how they found their way into the world of cinema. For...

By 0 6

Sports

Yashasvi's ton celebration leaves Vaibhav Suryavanshi starstruck

Yashasvi Jaiswal displayed remarkable resilience, scoring a fighting century against England at...

By 0 5

Business

Telecom push: BSNL enters 5G fixed wireless market with Hyderabad launch; plans expansion to six cities by September

BSNL has entered the 5G fixed wireless access (FWA) market with the launch of its home broadband...

By 0 12