Latest Taxes News & Updates

New Delhi, Jan 14 (IANS) Increasing taxes on fruit juices, sugary drinks, and alcohol is essential to curb the rising non-communicable diseases such as obesity, diabetes, heart disease, cancers, and injuries, especially in children and young adults, said the World Health Organization (WHO).In two new global reports, the WHO flagged concerns that sugary drinks and alcoholic beverages are getting cheaper, due to consistently low tax rates in most countries.While more than 100 countries tax sugary …

Thiruvananthapuram, Dec 26 (IANS) The Kerala State Beverages Corporation (BEVCO) recorded a sharp surge in liquor sales during the Christmas week, with revenues touching a record Rs 332.62 crore, according to official figures. The Christmas week sales are calculated for the four days from December 22 to December 25, and officials said this year witnessed a significant jump compared to previous years.Data shows a 19 per cent increase in sales over the corresponding period last year, underlining a…