In a 1st in India, Karnataka links liquor tax to alcohol content | India News
Karnataka CM Siddaramaiah presents the budget in Bengaluru on Friday BENGALURU: Beer and wine could get cheaper as Karnataka rolls out a new alcohol-in-beverage (AIB)-based excise duty system from April, becoming the first state in the country to link liquor taxation directly to alcohol content. The new framework will fully deregulate govt price fixation and…