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Punjab’s Excise and Taxation Department has closed the fiscal twelvemonth 2025-26 connected a precocious note, surpassing its revised gross people by ₹582 crore. Finance Minister Harpal Singh Cheema said connected Tuesday (April 7, 2026) that the section collected ₹11,782 crore up to March 31, 2026, against the revised people of ₹11,200 crore, a show helium attributed to dependable excise argumentation and businesslike administration.
Attributing this occurrence straight to the State government’s proactive governance and trade-friendly policies here, Mr. Cheema said “Significantly, excise gross has astir doubled implicit the past 4 years, rising from ₹6,254.84 crore to ₹11,782 crore, with a caller people of ₹12,800 crore acceptable for 2026-27. This accomplishment underscores the department’s beardown committedness to maximising gross portion ensuring transparency and compliance.”
Detailing the blueprint for the upcoming fiscal year, Mr. Cheema said, “For the fiscal twelvemonth 2026-27, the Excise Policy has been formulated with a projected licence interest people of ₹10,520 crore, arsenic compared to ₹9,877 crore successful 2025-26. All 207 retail liquor groups successful the State person been allotted for the twelvemonth 2026-27, reflecting licensees’ assurance successful the State government’s Excise Policy,”
“The wide effect to the Excise argumentation 2026-27 has been encouraging. It has ensured stableness successful the liquor commercialized portion maintaining a dependable travel of gross to the State exchequer,” helium added.
He said the Excise Department has acceptable an ambitious wide gross people of ₹12,800 crore for the fiscal twelvemonth 2026-27. “The authorities is assured of achieving this extremity done strengthened enforcement, enhanced compliance mechanisms and strategical argumentation interventions, striking a equilibrium betwixt gross procreation and regulatory efficiency,” helium said.
