Though made in a dash or two of oil, the humble dosa has crisply wriggled out of Kerala’s much-discussed fattax. It was through a timely tinkering in the pro-visions of the state’s Finance Bill, passed in the Assembly earlier this week, that thepopularsnackfound its way out of being an unaffordable menu item…READ MORE
KEEP READINGPeople in Kerala must be relieved that the much-feared ‘fat tax’ of 14.5 per cent would be levied only on pizzas, burgers, sandwiches and tacos, that too only those sold through “branded” outlets. Indeed, this tax could even be decried as an indirect method to make only the state’s creamy layer – who can afford to patronise such branded outlets – healthier…READ MORE
KEEP READINGEdelweiss research analyst Abneesh Roy said the tax is sentimentally negative for the quick service restaurant sector as it may lead to copycat actions from other states…READ MORE
KEEP READINGJawan Deluxe XXX Rum has resurrected the fortunes of the company saving it from the brink of closure after the sugar and distillery divisions folded up…READ MORE
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