Inflation on alcohol lovers, 100% cess will make alcohol more expensive

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New delhi date. 01 February 2021, Monday

Finance Minister Nirmala Sitharaman presented the budget for the year 2021-22 which has good news for alcoholics. The government has decided to impose a 100% cess on alcohol-related items in its next financial year.

This decision of the government will increase the price of liquor. The Union Finance Minister said that Agriculture Infrastructure and Development Cess will be imposed on liquor and other items.

Apart from liquor, cess has also been increased on petrol and diesel. Agro infra cess has been imposed on petrol-diesel. This can increase the price of many items. Apart from this, a cess of 2.5% has been imposed on gold and silver, 5% on special fertilizers, 1.5% on coal, lignite and petcoke.

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