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120% tax rate

Coverage of 120% tax rate in the Nexus archive.

Earliest in view: Jun 27 · 19:33 UTCMost recent: Jun 27 · 19:33 UTC
Co-mentioned in this coverage
Chief Ministerperson1Finance Billorganization1Revised Budgetorganization1175% tax ratetopic10.5%-10% alcohol strengthtopic110%-20% alcohol strengthtopic1
Recent coverage
  • 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.

120% tax rate · Dossier · The Nexus