TAG: Alcohol

UK Budget 2024: All the highlights

LONDON — Jeremy Hunt rolled the pre-election dice Wednesday.The U.K. chancellor delivered a budget full of measures aimed at boosting Britain's sluggish growth and reversing his party's electoral fortunes. In doing so, he parked a fair few tanks on the op...

6 months ago

India raises a toast as whiskey exports surge 26% to $78.5 million in first half of 2024

Liquor exports are on a high, raising a toast along with the Indian-made smartphones and electronics, as whiskey shipments grew 26 percent in the first half of this year.A Moneycontrol analysis of commerce ministry data shows that India shipped spirits wo...

1 month ago

GST Council may propose scheme to write off recovery of past tax dues on Extra Neutral Alcohol

In a significant move for the spirits industry, the Goods and Services Tax (GST) Council could propose a scheme enabling central and state tax authorities to write off the recovery of past tax dues on Extra Neutral Alcohol (ENA), potentially offering much...

1 month ago