27
Feb
Chandigarh, February 27, 2025 – The Punjab cabinet, led by Chief Minister Bhagwant Mann, has approved the excise policy for 2025-26, aiming to boost revenue by ₹800 crore over the previous year. The government has set a target of ₹11,020 crore in excise duty collection for the upcoming fiscal year, Finance Minister Harpal Cheema announced. Key Highlights of the Excise Policy Return to E-Tendering for Liquor Vends: The government is reverting to its 2022 policy of allotting liquor vends through e-tenders, ensuring transparency in the process.Open Quota for IMFL Continues: The policy will maintain an open quota for Indian Made…