Giving relief to industry stakeholders, the state has also extended license renewal period to five years from previous one year. The revised rates will come into effect from 1 July.
In 2022-23, excise department raked in Rs 6,281 crore in revenue (excise duty plus VAT), retaining its position as the second largest revenue contributor for the Delhi government.
With the new excise policy, quality liquor will now be sold in Punjab at lower prices as the government pushes for Indian Made Foreign Liquor in a bid to generate more revenue.
Proposed amendments likely to be placed before Bihar assembly in February, following criticism by CJI Ramana on the way cases under prohibition law are clogging courts.
Under new excise policy of Delhi govt, all 850 liquor vends have been given to private firms through open tender. The new licence holders will start sale of liquor from 17 November.
The plea, filed by Delhi Liquor Sales Association challenging Delhi govt's Excise Policy 2021-22, claimed that it was anti-poor, anti-lower strata and against the middle class.
Court tells Bihar govt to file affidavit by 25 September explaining if it plans to appoint judges and set up courts that deal only with Prohibition law violations.
Since Nitish Kumar brought in prohibition in December 2015, Bihar’s neighbours Jharkhand and West Bengal have seen steady spikes in their excise revenue.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
COMMENTS