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The Nexus
BUSINESSJun 27 · 19:33 UTCTHE HINDU NATIONAL

Amid row, revised low-alcoholic beverages tax rates included in Finance Bill

The Finance Bill includes revised tax rates for low-alcoholic beverages. Beverages with 0.5% to 10% alcohol content face a 120% tax, while those with 10% to 20% alcohol content are taxed at 175%. These rates were announced by the Chief Minister in the Revised Budget.

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Mentioned
Chief MinisterpersonFinance BillorganizationRevised Budgetorganization120% tax ratetopic175% tax ratetopic0.5%-10% alcohol strengthtopic10%-20% alcohol strengthtopic
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