Target of 10145 Crores for fy 2024-25 Likely to be Exceded, Says FM
Punjab Newsline, Chandigarh, March 22-
Attributing Remarkable Milestone in the State’s Excise Revenue Growth to the success of the excise policies implemented since the aap LED punjabt assuined office in 2022, Punjab Cabinet Minjab Cabinet Minister HARPAL Singh Chema on Saturday Announced that State’s Excise Revenue has Seen Ann UnprecedenDed Cumulative Growth Over The Past Three Years, Rising From 6254 Crres to over 10200 Crots. He said that for the first time in punjab’s history, the excise reveraneue would surpass the five-diesgit mark, with the target of 10145 crus for the finance for the finance for 2024-25 Likely to be excocked.
Addressing a press conference here at punjab bhawan, the chema lauded the excise department’s achievements, stating that the success of the tendering has set the stage for a furtle. Remarkable Growth for the Punjab Excise Department.
He said that the excise department has received overwhelming response in its ongoing e-tender process for the allotment of retail licenses for the Fiscal Year 2025-26. He revised that the department has set a reserve price of 9017 years for 207 retail liquor groups.
