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.
On 12 September 1947, deputy PM Vallabhbhai Patel addressed the nation 'with a heavy heart and in obedience to the call of duty' to call for an end to the communal violence and unspeakable brutalities.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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