"...beer and hard liquor will cost 40-60% more in Mumbai and the rest of Maharashtra. The alcoholic beverage industry is reworking costs steeply following the excise duty increase in the latest state budget...
...The soon-to-be unveiled retail price hikes will be one of the biggest anywhere in the country in recent history. A combination of excise duty increase in maximum retail price, basic duty hike on proof litre, and a rejig of the value added tax collection will lead to a massive price spike within a week..."
I fancy drowning my sorrows — but not at these prices!Artist: ????, The Spectator, April 9 2011
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