Kerala hikes liquor excise to collect revenue for flood relief

New Delhi: Kerala Finance Minister Thomas Isaac during a panel discussion on ‘GST Decoded – 1 Year On’, in New Delhi on June 28, 2018. (Photo: IANS)

August 16, 2018

Thiruvananthapuram: Even as Kerala grapples with its worst floods in nearly a century, Finance Minister Thomas Issac on Thursday announced a hike in excise duty on liquor to raise additional funds for relief and rehabilitation of the affected.

“Yes, there is a financial resource crunch. We shall overcome. As additional resource mobilisation to the Chief Ministers Disaster Relief Management Fund, the excise duty on liquor increased by 0.5 to 3.5 per cent for 100 days. Rs 230 crore expected as additional revenue,” Issac tweeted.

The death toll due to floods has risen to 114, with more than one lakh persons living in relief camps across the state.

The Kerala government has estimated a loss of Rs 8,000 crore due to floods in the wake of heavy rains across the state.
(IANS)

Nestle adds sugar to baby food sold in India but not in Europe

New Delhi: The baby-food brands sold by global giant Nestle in India contain high levels of added sugar, while such products are sugar-free in the United Kingdom, Germany Switzerland, and...

Bitcoin scam case: ED attaches assets worth over Rs 97 cr of Raj Kundra, Shilpa Shetty

New Delhi: The Enforcement Directorate (ED) has attached immovable and movable properties worth Rs 97.79 crore belonging to Ripu Sudan Kundra aka Raj Kundra, businessman, and husband of Bollywood actor...

CM Kejriwal eating mangoes to raise sugar level to seek bail: ED alleges in Delhi court

New Delhi: The Enforcement Directorate (ED) alleged in a Delhi court on Thursday that Chief Minister Arvind Kejriwal is deliberately eating mangoes and other high-carb food in Tihar Jail to...

Dubai rains: Anand Mahindra gives life lesson to Sanjiv Kapoor

New Delhi: Giving a life lesson to former Jet Airways CEO-designate Sanjiv Kapoor, who responded to Anand Mahindra’s post on Dubai rains, the Mahindra Group Chairman on Thursday told him...

Bengal LOP writes to Guv regarding violence over Ram Navami processions

Kolkata: The Leader of Opposition (LOP) in West Bengal Assembly, Suvendu Adhikari, on Thursday morning, informed that he has written a letter to West Bengal Governor C. V. Ananda Bose,...

Salman case: Bishnois unhappy with Maha CM, seek apology for ‘defaming’ community

Mumbai: Days after Bollywood actor Salman Khan's Bandra home was targeted by the Lawrence Bishnoi gang, Maharashtra Chief Minister Eknath Shinde is now under fire from the enraged Bishnoi community....

Record rainfall in UAE disrupts travel at deluged Dubai airport

Cairo: Dubai airport, one of the world's busiest, on Wednesday advised passengers not to head to the hub "unless absolutely necessary," after the city in the United Arab Emirates suffered...

Archbishop of Goa urges to skip pilgrimage, vote for candidates with ‘secular’ credentials

Panaji: Archbishop of Goa and Daman, Filipe Neri Cardinal Ferrao, has appealed to the people to refrain from going on pilgrimage during Lok Sabha voting day and cast their vote...

First Ram Navami after Pran Pratishtha in Ayodhya is generational milestone: PM Modi

New Delhi: Prime Minister Narendra Modi greeted people on the occasion of Ram Navami on Wednesday and said "Ayodhya is in immense joy" and celebrating the birth anniversary of Lord...

11 from J&K qualify UPSC Civil Service Exam 2023

Srinagar: Eleven candidates from Jammu and Kashmir have qualified for this year's Union Public Service Commission (UPSC) Civil Service exams, the results of which were declared by the Commission on...

Astronomers discover Milky Way’s heaviest known black hole

Jerusalem: Astronomers have found BH3, which is by far the heaviest known stellar black hole in the Milky Way galaxy, 33 times the mass of the Sun. An international research...

Iran’s President again warns Israel against counterattack

Berlin: Iran's President Ebrahim Raisi has once again warned Israel against mounting a military counterattack following Iran's recent air assault on Israel. During a telephone call with Qatar's Emir Tamim...

Read Previous

World– IS claims Afghan education centre attack that killed 34

Read Next

Reservation in promotions: SCs/STs faced social exclusion, Centre tells SC

Leave a Reply

Your email address will not be published.

WP2Social Auto Publish Powered By : XYZScripts.com