The Kerala government has presented the revised Budget for the FY27 in the state assembly. The budget estimates revenue receipts at ₹1.7 lakh crore and revenue expenditure at ₹2 lakh crore.
The Kerala government has presented the revised Budget for the FY27 in the state assembly. The budget estimates revenue receipts at ₹1.7 lakh crore and revenue expenditure at ₹2 lakh crore.
The Karnataka government has implemented an “Alcohol-in-Beverage” (AIB)-based excise duty structure and revised the liquor rates. It is the first instance of such a taxation model being implemented in India, following the 2026-27 Budget announcement. The State Excise Department aims to rationalize liquor pricing to make beverages more affordable for consumers.