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This story is from March 10, 2024
Punjab excise policy aims at over ₹10k cr revenue
Punjab cabinet approves excise policy, sets Rs 10,146 crore revenue target. Increase in groups, bidders, draw of lots for retail vends. Decrease in imported liquor prices, no increase in country liquor price. Excise department receives bids for 51 out of 97 vends. Delhi CM Kejriwal faces complaint from Enforcement Directorate.
CHANDIGARH: Punjab cabinet on Saturday approved the state’s excise policy for 2024-25, setting an excise revenue target of Rs 10,146 crore. Rejigging the policy, the state government has decided to increase the number of groups to bring in more bidders and hold of draw of lots for fresh allotment of retail vends. The prices of imported foreign liquor (IFL) are likely to come down while there will be no increase in the price of country liquor.
Finance minister Harpal Singh Cheema said the AAP government was set to achieve a “historic” revenue collection target of Rs 10,146 crore with this policy.
Finance minister Harpal Singh Cheema said the AAP government was set to achieve a “historic” revenue collection target of Rs 10,146 crore with this policy.
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UT excise dept receives bids for only 51 out of 97 liquor vends
The excise and taxation department received bids for 51 out of 97 liquor vends in the auction under the excise policy 2024-2025. People showed less interest due to previous losses, Punjab Excise Policy, high VAT and excise duty, and unsold vends in the previous auction.
The excise and taxation department received bids for 51 out of 97 liquor vends in the auction under the excise policy 2024-2025. People showed less interest due to previous losses, Punjab Excise Policy, high VAT and excise duty, and unsold vends in the previous auction.
Delhi excise policy: ED files fresh complaint against Delhi CM Arvind Kejriwal for skipping summonses
Enforcement Directorate files complaint against Delhi CM Kejriwal for not responding to summonses. ACMM Divya Malhotra asks Kejriwal to appear on March 16. Complaint filed under section 174 IPC and section 63(4) of the PMLA. Kejriwal had offered video conferencing for questioning.
Enforcement Directorate files complaint against Delhi CM Kejriwal for not responding to summonses. ACMM Divya Malhotra asks Kejriwal to appear on March 16. Complaint filed under section 174 IPC and section 63(4) of the PMLA. Kejriwal had offered video conferencing for questioning.
Rs 2.2 lakh crore revenue foregone due to excise duty cuts on petrol, diesel: Hardeep Puri
India's revenue loss of approximately Rs 2.2 lakh crore due to cuts in excise duty on petrol and diesel from Nov 2021 to May 2022. Hardeep Singh Puri discussed measures taken to manage fuel prices amidst global crude oil price fluctuations.
India's revenue loss of approximately Rs 2.2 lakh crore due to cuts in excise duty on petrol and diesel from Nov 2021 to May 2022. Hardeep Singh Puri discussed measures taken to manage fuel prices amidst global crude oil price fluctuations.
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