 "Rajasthan hikes excise duty on liquor to help finances amid Covid-19 crisis")
Excise duty has been hiked on Indian-made foreign liquor (IMFL) to 35 per cent, other liquor categories to 45 per cent, including beer with immediate effect, said Rajasthan Excise Department.
The state's finance (excise) department issued the orders to amend a notification to increase the duty.
"In exercise of the powers conferred by section 28 of the Rajasthan Excise Act, 1950, the State Government hereby makes amendment in this Department's notification dated March 31, 1997," the notification read.
This comes amid the Covid-19 pandemic, the State reported 2438 Covid-19 cases so far with 74 new cases reported on Wednesday.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app