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Policy● Neutral for Indian equities
Your booze could cost more in Delhi this festive season: Here’s why
The brief
- Delhi is planning to increase excise duty on liquor
- The report says the current system levies duty across different wholesale price bands
- Higher liquor duties may pressure Delhi alcohol retailers and lift costs for consumers
- GST Council to simplify processes, cut penalties
- Buying property from an NRI gets easier from October 1: Check key rule changes for residents and HUFs
- Lower borrowing plan signals tax buoyancy, offers relief for bond yields
- FM says proposed UPI MDR is not a tax and will not burden consumers
- India’s revised bilateral investment treaty framework keeps taxation outside its scope