https://www.taxtmi.com/news?id=73535 A political dispute arose over a budget proposal to reduce tax on low-alcohol beverages, with CPI(M) alleging that the proposal did not originate under the previous LDF government and that the earlier liquor policy only classified alcoholic beverages without deciding any tax reduction. CPI(M) sought clarification and withdrawal of the contrary statement, and also demanded withdrawal of the budget proposal, alleging that it was intended to benefit an alcohol manufacturing company and could cause revenue loss to the state exchequer. en-us Thu, 25 Jun 2026 18:46:03 +0530 Thu, 25 Jun 2026 18:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73535 A political dispute arose over a budget proposal to reduce tax on low-alcohol beverages, with CPI(M) alleging that the proposal did not originate under the previous LDF government and that the earlier liquor policy only classified alcoholic beverages without deciding any tax reduction. CPI(M) sought clarification and withdrawal of the contrary statement, and also demanded withdrawal of the budget proposal, alleging that it was intended to benefit an alcohol manufacturing company and could cause revenue loss to the state exchequer. News - Thu, 25 Jun 2026 18:46:03 +0530 https://www.taxtmi.com/news?id=73535