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Karnataka: Tipplers helped state sail through 2020-21 by surpassing excise revenue target


Karnataka: Tipplers helped state sail through 2020-21 by surpassing excise revenue target
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Last Updated: Apr 01, 2021, 05:12 PM IST
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Synopsis
Data shared by the State excise department showed that the targeted revenue of state excise in 2020-21 was Rs 22,700 crore, which was 1,116.04 crore above the excise revenue collection during 2019-20.
AFP
Amid the gloomy economic scenario throughout the lockdown in the previous fiscal, tipplers of Karnataka assiduously held the fort on the revenue front and helped the state surpass the targeted excise revenue. Data shared by the State excise department showed that the targeted revenue of state excise in 2020-21 was Rs 22,700 crore, which was 1,116.04 crore above the excise revenue collection during 2019-20. ....

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Bihar minister involved in liquor trade, Nitish Kumar helpless: Tejashwi Yadav | Patna News


Tejashwi Yadav
PATNA: RJD leader Tejashwi Yadav on Thursday launched a frontal attack on the Nitish Kumar government in Bihar, alleging the involvement of a BJP minister in illicit liquor trade and claiming that the chief minister appeared weak and helpless and, therefore, unable to act and stem the rot.
The leader of the opposition, who had on the previous day raised inside the assembly the issue of seizure of illicit liquor from a school building situated on a property that belonged to minister for land reforms and revenue Ram Surat Rai, went for the jugular and charged that he suspected direct involvement of the cabinet member. ....

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IMFL prices set to reduce by Rs 10 in state | Ranchi News


Ranchi: India Made Foreign Liquor (IMFL) brands are likely to become marginally cheaper in Jharkhand later this month as the state’s excise and prohibitions department has decided to rollback a the special cess it had imposed to shore up revenues during the peak of Covid-19 pandemic.
The Covid-19 cess, which was fixed at 10% of the maximum retail price, will be rolled back and the move is likely to increase the profit margin of the state’s licensed retail liquor sellers.
“The proposal to withdraw the cess has already been approved by chief minister Hemant Soren. The notification will be out by this week, after a new price list of IMFL brands are drafted based on the calculations which is to be necessitated due to the withdrawal of the special cess,” a senior officer of the state excise and prohibitions department said, requesting anonymity. ....

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