United Breweries CEO calls for beer tax reform
market hours1 source ↓written by the desknot a recommendation
- stating it constitutes
- 75% of beer pricing
United Breweries CEO Vivek Gupta has urged for a revision in beer taxation, stating it constitutes 75% of beer pricing. This high tax burden leads to significant price increases for consumers, with a Re 1 cost increase translating to a Rs 4-5 price hike. The company continues to pursue growth despite mixed Q2 results.
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