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In India states earn revenue through own taxes, central taxes, non-taxes and central grants. [1] For most states, own taxes form the largest part of the total state revenue. [1] Taxes as per the state list includes land revenue, taxes on agricultural income, electricity duty, luxury tax, entertainment tax and stamp duty. [2]
Alcohol is a subject in the State List under the Seventh Schedule of the Constitution of India. [10] [11] [12] Therefore, the laws governing alcohol vary from state to state. Liquor in India is generally sold at liquor stores, restaurants, hotels, bars, pubs, clubs and discos but not online.
The state owned Kerala State Beverages Corporation (Bevco) had 338 shops, and Bevco would shut down 10% of them every year. Consumerfed, which has 46 shops, would also be closed. However, sale of alcohol would continue to be permitted in 5-star hotels, and there were fourteen 5-star hotels in the state as of August 2014. [55]
States with the highest share of general revenue from alcohol taxes are Tennessee (0.7%), Alabama (0.6%), and North Carolina (0.6%). In addition, state and local governments collected $12.7 billion from government-owned liquor stores and $0.9 billion in the form of license taxes. Although these are large dollar amounts, alcohol's share of total ...
Pointing to countries like Lithuania, which increased alcohol tax in 2017, the WHO said alcohol-related deaths drop from 23.4 per 100,000 people in 2016 to 18.1 per 100,000 people in 2018.
11.5% (highest prevailing marginal state and local sales tax rate) 0% (lowest prevailing marginal rate) 20% 18%-40% federal with offset against individual State Estate and Inheritence Taxes [252] Taxation in the United States Uruguay [43] 25% 0% 36% [253] 22% (standard rate) 11% (lowest rate) 0% (extent) Taxation in Uruguay Uzbekistan [43] 12% ...
Karnataka and Kerala are the only two state in India which has a lower tax rate for beer compared to other alcoholic beverages. Maharashtra has the highest tax on alcohol, at 43%. The latest entrant into the Indian market is the Bira 91 brand with its headquarters in Delhi, making a steady rise in the beer market. [42] [48]
On Friday, experts from the University of New Mexico (UNM) and Boston University told lawmakers the benefits of raising taxes.