Alcohol industry appeals for sale of liquor outside containment zones : News Reel: Business Today
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Alcohol industry appeals for sale of liquor outside containment zones

May 1, 2020
As alcohol industry appeals for sale of liquor outside containment zones, the states might have to accept the request given the impact it has on the revenues. The states in 2019-20 had budgeted for Rs 1.70 lakh crore through tax on sale of liquor, which is 7.6% of their total own tax revenue. In 2020-21, the total tax collection from sale of liquor was expected to be Rs 2 lakh crore. However, with sale of liquor prohibited during the lockdown period, these estimates will see sharp downward revisions. Watch the video for more.



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