Beer and hard liquor will cost 10-20% more in Bangalore and the rest of Karnataka.
The alcoholic beverage industry is reworking its costs, following the steep excise duty increase in the last state budget. In a first, the price of popular beers such as Kingfisher Premium will cross Rs 100 per bottle, while standard whiskey brands like Signature will hit a new high at over Rs 600 a bottle, costlier by almost Rs 30-50.
"Liquor of all 17 categories will cost more, as the revised retail price hikes were unveiled, effective April 1,'' excise minister M P Renukacharya told reporters here on Monday.
The alcoholic beverage industry is reworking its costs, following the steep excise duty increase in the last state budget. In a first, the price of popular beers such as Kingfisher Premium will cross Rs 100 per bottle, while standard whiskey brands like Signature will hit a new high at over Rs 600 a bottle, costlier by almost Rs 30-50.
"Liquor of all 17 categories will cost more, as the revised retail price hikes were unveiled, effective April 1,'' excise minister M P Renukacharya told reporters here on Monday.
He said the government has decided to revise duty to increase revenue from excise duties, as announced by chief minister B S Yeddyurappa in his recent budget speech. "The proposal will fetch an additional revenue of Rs 560 crore," Renukacharya added.
He said the increase in price varies 10-20% and the department officials are working out the extent of enhancement on each category of liquor. He said he would continue to fight the illicit liquor mafia and hooch dens across the state, despite the fact that such centres crop up suddenly and close immediately. "I am aware that this is a risky battle, but I am determined to fight the hooch menace, come what may. I have also told officials not to be afraid of anything. I will lead the raid from the front,'' Renukacharya said, recalling the attack by the hooch mafia in Belgaum earlier this year.
He said the increase in price varies 10-20% and the department officials are working out the extent of enhancement on each category of liquor. He said he would continue to fight the illicit liquor mafia and hooch dens across the state, despite the fact that such centres crop up suddenly and close immediately. "I am aware that this is a risky battle, but I am determined to fight the hooch menace, come what may. I have also told officials not to be afraid of anything. I will lead the raid from the front,'' Renukacharya said, recalling the attack by the hooch mafia in Belgaum earlier this year.
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