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The Times of India

National

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Punjab extends current excise policy till June 30

Punjab Bhagwant Mann Aam Aadmi Party CHANDIGARH

CHANDIGARH: The Aam Aadmi Party (AAP) government led by Punjab chief minister Bhagwant Mann on Thursday gave nod for extending the existing excise policy for three months from April 1 to June 30.

Eyeing a revenue of Rs 1,910 crore in this period, the government will grant an extension to the existing licencees who will give 1.75% excess revenue over the minimum guaranteed revenue of 2021-22 for their respective group in order to maintain stability in the liquor trade. However, the number of groups/zones and the number of liquor vends have not been changed.

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