representational image
Hyderabad: In a late-night development, the Telangana government hiked prices of all types of liquor brands by 20 to 25 per cent with the hope to mop up Rs 15,000 crore tax revenue.
The price of 1,000 ml liquor has been increased by Rs 120 and would now cost Rs 615, while the hike in the price of a liquor (quarter) bottle will be Rs 20, Rs 40 for a half bottle and Rs 80 for a full bottle. Prices of Indian-made foreign liquor will also go up by 20 per cent, the TOI reported.
The new prices will come into effect from Thursday.
Notably, the state had earned Rs 30,000 crore from liquor sales in 2021-22 with the tax income reported at Rs 12,000 crore. It has been facing a severe funds crunch to continue its welfare programmes with the Centre tightening norms on loans and market borrowings.
Kochi: Kerala Police arrested 27 Bangladeshi nationals who were residing illegally in Ernakulam’s at North… Read More
Kendrapada: Armed robbers stormed a house at a village in Aul area of Odisha’s Kendrapada… Read More
New York: Three days after the catastrophic midair collision and crash involving a passenger airliner… Read More
New Delhi/Bhubaneswar: Finance Minister Nirmala Sitharaman proposed a cut in income tax rates to boost… Read More
Berhampur: The Ganjam District Tennis Association (GDTA) in Odisha is preparing to host national-level Under-16… Read More
Cuttack: Ranji Trophy debutant Anil Parida was left stranded on 99 as Odisha were all… Read More
This website uses cookies.
