SME Times is powered by   
Search News
Just in:   • Sensex at fresh 1-week low; down 49 pts as L&T slumps 6 pc  • Hyderabad jewellery fair to begin June 7  • Chinese premier arrives in Pak for official visit  • Vodafone India's revenue up by 10.6 pc in 2012-13  • China may act againt EU wine imports 
Last updated: 01 Aug, 2012  

Beer.9.Thmb.jpg Russia may raise excise duties on beer

Beer.9.jpg
   Top Stories
» India, China can take ties to new heights: Li tells India Inc
» India deserves upgrade in sovereign rating: Chidambaram
» 'Sector-specific action needed to cut carbon emissions'
» India, China discuss cooperation in healthcare sector
» India needs more foreign investments: Powell
SME Times News Bureau | 01 Aug, 2012

Excise duties on beer could be increased in Russia in view of the rising "beer alcoholism" in the country, said President Vladimir Putin Tuesday, but however added that a cautious approach was needed.

"As for beer, we may proceed toward increasing excise duties on it. On the whole, beer alcoholism is a real problem but ... increasing duties should be done carefully," Putin told participants of Russia's Seliger youth educational camp forum.

"This year the government has raised duties quite a lot, so if we go further down this route, we need to do so carefully," he said.

The government plans to raise duty on beer to 20 rubles (about $0.70) a litre by 2015, from the current level of 12 rubles per litre.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
55.30
54.35
UK Pound
84.50
82.50
Euro
71.80
70.00
Japanese Yen 54.40 53.00
As on 23 May, 2013
  Daily Poll
Do you think banks will lower lending rates after recent RBI rate cut?
 Yes
 No
 Can't say
  Commented Stories
» Why SMEs fail - keep your eyes open(26)
» MSME schemes - Do you know all of them?(7)
» Starting an import export business: Basic guide for beginners(6)
» Export outlook not so grim(3)
» Golden fibre making inroads into road construction(3)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter