Monday, 13 October 2014 00:36
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The Government yesterday announced a price hike on arrack and beer just days after cigarette prices were also increased.
According to the Excise Department, the tax on a proof litre of arrack has been increased by Rs 90 and foreign spirits by Rs. 120 per litre with effect from October 10 while the tax on beer with over 5% alcohol has been increased by Rs 15 and less than 5% alcohol by Rs 10. Prices of cigarettes were increased by Re. 1 and Rs. 2 per stick on Friday.
