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New tax regime cheers United Spirits

Financial Express Pune

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March 10, 2026

PRICING FREEDOM IN KEY MARKET BRIGHTENS OUTLOOK

KARNATAKA, ONE OF India’s largest alcohol markets, has announced a significant policy shift that could reshape the competitive landscape for liquor companies. The state, which accounts for more than 15% of volumes for United Spirits and roughly 7% of sales for Radico Khaitan, said in its Budget on March 6, that it will move away from a government-controlled pricing framework towards a market-driven model for alcoholic beverages. While the government has not yet announced the revised tax slabs, the move towards pricing deregulation and a simplified tax structure is widely viewed as positive for the industry.

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