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.
Assam CM can’t celebrate that the Congress drew a blank in the Bodoland Territorial Council polls in 2010 as well as 2015, and bagged only one in 2020.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
In post on social media, Cooper narrated experience of MiG-21 researcher from Germany who wanted to attend aircraft’s farewell ceremony in India, and the roadblocks he faced.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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