Category : Search result: excise scam


Rajasthan Excise Revenue Up 6.5% This Fiscal

Rajasthan's excise department reports Rs 11,424 crore revenue till December, a 6.5% year-on-year increase. Officials set ambitious monthly targets to meet the annual goal of Rs 19,720 crore.

Karnataka BJP Exposes Rs 2,500 Crore Bribery Scam

Karnataka BJP alleges a massive Rs 2,500 crore bribery scam in the Excise Department, demanding the resignation of Minister R B Thimmapur after officials were caught accepting bribes.

Wife of Ex-IPS Officer Duped of Rs 2.58 Crore in Cyber Fraud

In a major cyber fraud case, the wife of a former IPS officer was cheated of Rs 2.58 crore in an online investment scam. The fraud began with an unsolicited message promising huge stock market profits. Read the full investigation details.

Jaipur: 27 liquor shops sealed, owners protest

Jaipur's excise department sealed 27 liquor shops for alleged violations. Owners claim arbitrary action, saying they met sales targets. Read the full details of the dispute.

Mangaluru Liquor Market Steady, Beer Sales Dip in Dec

Dakshina Kannada's liquor market held steady in December 2025. IMFL sales saw marginal growth of 127 boxes, while beer consumption fell by 2,795 boxes. Read the full analysis of local trends and factors.

Haryana's Rs 1,500 Cr Construction Worker Scam Probe

Haryana uncovers a massive Rs 1,500 crore scam involving fake construction worker registrations and work slips. CM Nayab Singh Saini orders probe after Minister Anil Vij flags irregularities. Details inside.

ITC shares plunge 14% on steep tobacco tax hike

ITC shares hit a 3-year low after a steep excise duty hike on tobacco, eroding ₹72,300 crore in shareholder wealth. LIC faces a massive ₹11,460 crore loss. Key brokerages downgrade the stock.

Tobacco Duty Hike: Why Some FMCG Stocks Unaffected

Union Budget 2026's additional excise duty on tobacco had a mixed impact on FMCG stocks. Discover why shares of companies like ITC, Godfrey Phillips, and VST Industries reacted differently.

ITC Stock Hits 52-Week Low on New Tobacco Tax

ITC share price crashed over 5% to ₹345.35 after the government announced a fresh excise duty on cigarettes. Get the full details on the market impact and new tax rates effective February 1.

Cigarette Prices to Rise 20% from February 1

Cigarette prices in India are expected to surge by up to 20% from February 1, 2025, following a significant increase in the National Calamity Contingent Duty. This move will impact major tobacco companies and consumers nationwide.

AP Liquor Sales Rise 8% in Dec 2025 on Festive Demand

Andhra Pradesh's liquor sales surged to Rs 2,767 crore in December 2025, an 8% year-on-year rise. Year-end celebrations drove a 60% spike in the final three days. Explore the district-wise data and key drivers.

Punjab Tax Dues Scheme Deadline Extended to March 31

Punjab government extends deadline for its 'Settlement of Arrears of Tax Dues Scheme' to March 31, 2025. Traders get more time to clear pending dues with significant concessions. Act now to benefit!

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