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Search results for imfl

Malai kulfi vodka? Jatamansi whisky? How Indian liquor companies came to be possessed by heritage spirits
1 month, 2 weeks ago

Malai kulfi vodka? Jatamansi whisky? How Indian liquor companies came to be possessed by heritage spirits

Live Mint  

India’s alcohol business is getting a flavourful makeover as local distillers infuse their spirits with a rich mix of regional ingredients. “For long, Indian spirit brands have been producing IMFL but only now is the ‘I’ in IMFL—the truly ‘Indian’ aspect of the term—coming alive," said Vikram Achanta, co-founder and chief executive of Tulleeho, a beverage consulting firm. Our craft …

Ingredients Brands Gin Himalayan Mpa Rum Indian Coffee
Multibagger Tilaknagar Industries shares rise 11% after strong Q2 earnings
1 month, 2 weeks ago

Multibagger Tilaknagar Industries shares rise 11% after strong Q2 earnings

Live Mint  

Stock Market Today: Shares of Tilaknagar Industries surged 11% to ₹322.75 apiece in early morning trade on Tuesday, November 5, following the company’s impressive results for the September quarter and its achievement of net debt-free status. During the September quarter, the company sold 29.5 lakh cases, marking the second-highest quarterly volume jump. All this despite subdued volume growth on account …

Company Quarter Yoy
Karnataka government to increase the excise duty on “strong beer” rates
3 months, 1 week ago

Karnataka government to increase the excise duty on “strong beer” rates

The Hindu  

Beer drinkers could end up paying higher rates for their favourite beverage as the Karnataka government is readying to increase the excise duty on “strong beer”, even as it is coming up with a new definition of “beer”. Classification Proposing classification of beer with 6.5% to 8% alcohol content from the current category of two to three, the excise duty …

Government Karnataka Alcohol Duty Beer Content State
Ghaziabad: Men Vandalise Liquor Shop, Assault Staff For Demanding Payment — Caught On Camera
3 months, 1 week ago

Ghaziabad: Men Vandalise Liquor Shop, Assault Staff For Demanding Payment — Caught On Camera

ABP News  

A group of men entered a liquor shop at Raj Nagar District Centre in Ghaziabad, Uttar Pradesh, then damaged the property and assaulted the salesmen when asked for payment. CCTV footage from the shop reveals several men throwing bottles at the salesmen from outside and then entering the shop to continue the assault. Ghaziabad News: 30 To 35 Men Booked, …

Ghaziabad Cctv Footage Cctv Fir Salesmen Liquor Shop Kavi Nagar
Liquor shops remaining open beyond stipulated time in Bhubaneswar to face action
4 months, 1 week ago

Liquor shops remaining open beyond stipulated time in Bhubaneswar to face action

New Indian Express  

BHUBANESWAR: With the new BJP government adopting a strict approach to regulating sale and consumption of liquor in the state, the Excise department has warned all shops, including ‘On’ shops, in the Capital city to abide by the permitted timing or face action. The district excise office, Bhubaneswar, in a circular to all the officers-in-charge, inspectors and deputy superintendents of …

Liquor Bhubaneswar Shops Excise
Chandigarh: Illicit liquor seized from multiple vends
4 months, 3 weeks ago

Chandigarh: Illicit liquor seized from multiple vends

Hindustan Times  

The excise and taxation department of Chandigarh administration seized a total of 47 bottles of imported foreign liquor, 86 bottles of Indian-made foreign liquor, 302 bottles of wine and 204 bottles of beer from multiple retail locations being sold illegally, officials said on Saturday. Excise and taxation commissioner Rupesh Kumar emphasised that the department is committed to eradicating illegal activities …

Illicit Liquor
Three cottages in Kodaikanal sealed after seizure of ganja from inmates
5 months ago

Three cottages in Kodaikanal sealed after seizure of ganja from inmates

The Hindu  

Three cottages near Vattakanal in Kodaikanal were sealed by revenue officials after a joint inspection conducted along with police party revealed that the cottage administration had allowed inmates to abuse ganja and liquor, on Saturday. According to sources, the joint team led by Kodaikanal RDO, Sivaram, Municipal Commissioner, P. Sathyanathan, Inspector of Police, Kodaikanal, K. Baskar, had conducted the joint …

Ganja Kodaikanal Cottages
Globus Spirits stock dropped 50% since Jan 2022 but Incred sees 86% upside ahead – here’s why
5 months, 1 week ago

Globus Spirits stock dropped 50% since Jan 2022 but Incred sees 86% upside ahead – here’s why

Live Mint  

Shares of Globus Spirits have been on a downward trend since January 2022, primarily due to challenges such as rising raw material and power costs over the past two years. Now, with raw material and power costs stabilising, Globus Spirits is experiencing positive momentum, especially with its expansion into key whisky segments, including single malt, which is expected to enhance …

Indian Spirits Segment Raw Material Ena Brokerage Imil
In Tamil Nadu, where people who cannot afford expensive IMFL turn to dangerous bootleg alcohol
6 months ago

In Tamil Nadu, where people who cannot afford expensive IMFL turn to dangerous bootleg alcohol

Hindustan Times  

With the death toll rising to 51 by Saturday morning after 14 more people under treatment in different hospitals died, the Kallakurichi hooch tragedy in Tamil Nadu raises disturbing questions about the growing preference for cheap and toxic alcohol. Relatives confirmed that the victims preferred the cheap and risky alternative in the face of government-imposed heavy taxes, which make Indian …

Tamil Nadu Liquor Tamil State Nadu Kallakurichi Tasmac
Functioning of liquor outlets in Puducherry to be streamlined: Lt Governor
6 months ago

Functioning of liquor outlets in Puducherry to be streamlined: Lt Governor

The Hindu  

The Puducherry government will take all necessary steps to streamline the functioning of liquor outlets in the Union Territory, Lieutenant Governor C. P. Radhakrishnan said on Thursday, June 20, 2024. Interacting with reporters on the sidelines of Bengal State Foundation Day celebrations at the Raj Nivas, the Lt Governor said all outlets selling Indian Made Foreign Liquor and arrack will …

Puducherry Liquor Outlets
Arunachal Pradesh Assembly polls | Flying squad seizes over ₹9 lakh
8 months, 2 weeks ago

Arunachal Pradesh Assembly polls | Flying squad seizes over ₹9 lakh

The Hindu  

The flying squad and the static surveillance teams appointed by the Election Commission, along with police, on Monday, April 8, 2024, seized cash and other materials worth Rs 11,48,335 from various districts of Arunachal Pradesh, an official said here. During the interception of vehicles at various checkpoints in the State, the teams seized ₹9,81,700, in cash, he said. The teams …

Salesman’s murder sparks inspections of liquor shops running late night in G Noida
8 months, 2 weeks ago

Salesman’s murder sparks inspections of liquor shops running late night in G Noida

Hindustan Times  

Greater Noida: The Noida police and district excise department on Wednesday night launched an inspection drive to check if the liquor is being sold beyond the permitted time, and that their CCTV cameras are functional round the clock, officials said on Thursday. The inspection drive began on Wednesday night wherein a joint team of police and excise department conducted intensive …

Sale Liquor Noida Shop Greater Noida Shops Wednesday Night
Chandigarh: Owners of 2 more bottling plants booked for operating sans permit
8 months, 3 weeks ago

Chandigarh: Owners of 2 more bottling plants booked for operating sans permit

Hindustan Times  

The Chandigarh Police on Tuesday booked the owners of two more bottling plants in the city for preparing Indian made foreign liquor without valid permit and further transporting these to other states illegally. Chandigarh Police are also investigating how the liquor was being transported by road to even dry states like Bihar. The FIRs were lodged against the owners of …

Other States
Orissa HC declines to interfere in govt policy to check growth of IMFL ‘on shops’
8 months, 3 weeks ago

Orissa HC declines to interfere in govt policy to check growth of IMFL ‘on shops’

New Indian Express  

CUTTACK: The Orissa High Court has refused to interfere in the government’s policy decision under the State Excise Policy 2023-24 to not grant new licence for opening ‘liquor on-shops’ in rural areas and restrict grant of such licence to only star hotels and hotels having a minimum number of rooms in urban areas. The division bench of Chief Justice Chakradhari …

Commercial Taxes Department unearths ₹528 crore VAT evasion on non-duty paid liquor
8 months, 3 weeks ago

Commercial Taxes Department unearths ₹528 crore VAT evasion on non-duty paid liquor

The Hindu  

HYDERABAD Trouble is brewing for the Telangana State Beverages Corporation Limited as a special audit of two distilleries by the Commercial Taxes department recently has revealed Value-Added Tax evasion on account of non-duty paid liquor at a staggering ₹528.75 crore. The department undertook special audits when it had detected variations in the VAT collections on liquor in comparison to excise …

Tax Evasion Liquor Crore Department Vat Excise Duty Vat Evasion
Bacchus lovers cheer as IMFL prices to be slashed by 20% in Punjab under Excise Policy 2024-25
9 months, 2 weeks ago

Bacchus lovers cheer as IMFL prices to be slashed by 20% in Punjab under Excise Policy 2024-25

Hindustan Times  

Looking to increase the check on smuggling of cheaper alternatives from other states, Punjab in the Excise Policy 2024-25 has brought down the price of Indian-made foreign liquor by 20%. State excise and taxation commissioner Varun Roojam said, “The department has come up with a policy to increase revenue while also providing some dip in prices of high-cost IMFL. This …

Policy Liquor Crore Punjab Increase Excise Excise Policy
Illegal liquor seized from bullock cart in Bihar; smugglers flee, oxen detained
10 months, 1 week ago

Illegal liquor seized from bullock cart in Bihar; smugglers flee, oxen detained

Hindustan Times  

People in ‘dry state’ Bihar time and again come up with novel, innovative methods for easy access to alcohol. Excise officials in Gopalganj district were in for a surprise when they recovered huge quantities of liquor bottles being ferried past them on a bullock cart. “We have recovered Indian Made Foreign Liquor worth ₹5 lakh from the bullock cart. With …

Bihar Liquor Seized Bullock Cart
Big cash haul: Income Tax raids on liquor manufacturing units unearth Rs 200 Cr
1 year ago

Big cash haul: Income Tax raids on liquor manufacturing units unearth Rs 200 Cr

Deccan Chronicle  

Bhubaneswar: The Income Tax department officials have stumbled upon cash worth over Rs 150 crore while carrying out multiple raids on Odisha-based liquor manufacturing companies following allegations of tax evasion. The massive I-T raids on multiple divisions of liquor manufacturing units of Boudh Distilleries Private Limited were conducted for two days – on Wednesday and Thursday. As per reports, more …

Liquor Bhubaneswar Raids Cash Bolangir Haul Income Titilagarh
AP Rationalises Liquor Price by Levying Taxes
1 year, 1 month ago

AP Rationalises Liquor Price by Levying Taxes

Deccan Chronicle  

VIJAYAWADA: The state government has rationalised various taxes and special margin on liquor resulting in a price hike of some brands as part of its policy to reduce consumption of liquor in the state. Accordingly, it levied taxes on Indian Made Foreign Liquor brands with the basic price up to Rs 2,500 and the percentage of additional retail excise tax …

Imfl Special Margin Basic Price Various Taxes Liquor Price Levying Taxes
Truck with 1,055 cartons of illegal liquor seized, two arrested
1 year, 5 months ago

Truck with 1,055 cartons of illegal liquor seized, two arrested

Hindustan Times  

Gurugram: Police on Thursday arrested two suspects and seized 1,055 cartons of Indian Made Foreign Liquor, which were being smuggled to Bihar through the Kundli-Manesar-Palwal Expressway near Bilaspur. Truck with 1,055 cartons of illegal liquor seized, two arrested The suspects were identified as truck driver Govardhan Singh, of Barmer, Rajasthan, and helper Naveen Kumar, of Sonipat. “The truck was seen …

Bihar Liquor Punjab Truck Seized Imfl
Excise duty hike in Karnataka would lead to downtrading, say liquor makers
1 year, 5 months ago

Excise duty hike in Karnataka would lead to downtrading, say liquor makers

Hindustan Times  

Liquor manufacturers on Friday raised concerns about the Karnataka government hiking tax on Indian made foreign liquor, saying the move will increase consumer prices and adversely hit sales. Excise duty hike in Karnataka would lead to downtrading, say liquor makers The newly-elected Karnataka government on Friday presented its budget for 2023-2024. Chief Minister Siddaramaiah, in his budget speech, announced a …

India Karnataka Indian Liquor State Increase Consumer Prices
Karnataka Budget: Liquor prices to soar as CM Siddaramaiah proposes duty hike
1 year, 5 months ago

Karnataka Budget: Liquor prices to soar as CM Siddaramaiah proposes duty hike

Live Mint  

Liquor prices, including beer, are expected to rise in Karnataka as the state government has put forth a proposal to raise additional excise duty in the 2023-24 budget. Chief Minister Siddaramaiah, who also serves as the Finance Minister, presented the budget in the Legislative Assembly on Friday, suggesting a 20% increase in the existing rates of duty on Indian Made …

Karnataka Budget Cm Siddaramaiah Proposes Duty
Karnataka budget 2023: Congress hikes liquor excise duty, cracks down on moral policing
1 year, 5 months ago

Karnataka budget 2023: Congress hikes liquor excise duty, cracks down on moral policing

India Today  

Karnataka Chief Minister Siddaramaiah on Friday unveiled the government’s budget for 2023-2024. In his budget speech, the Chief Minister announced a 20 per cent hike in existing rates of additional excise duty on Indian Made Foreign Liquor on all 18 slabs. Putting a virtual tick mark against another promise listed in its poll manifesto, the Congress government affirmed its commitment …

Karnataka Budget Congress Siddaramaiah Moral Policing Duty Cracks
Truck carrying consignment of liquor meant for sale in Punjab seized in Gurugram
1 year, 6 months ago

Truck carrying consignment of liquor meant for sale in Punjab seized in Gurugram

Hindustan Times  

At least 11,988 bottles of Indian-made foreign liquor loaded in a sealed container truck were seized in IMT Manesar, Gurugram police said on Saturday. Police said a crime branch team from Sikandarpur had received intelligence input that a huge consignment of liquor meant to be sold only in Punjab, was on its way to either Gujarat or Bihar. Investigators said …

Bihar Gujarat Container Gurugram Punjab Truck Raut