India News | Haryana Excise Department Records Rs 660 Crore Jump in Revenues
Get latest articles and stories on India at LatestLY. Haryana Excise Department collected revenue of Rs 660 crore in the first six months of the current excise year.
Chandigarh (Haryana) [India], November 22 (ANI): Haryana Excise Department collected revenue of Rs 660 crore in the first six months of the current excise year.
The Excise Department said that it will not only meet the target of raising revenue of Rs 7,500 crore but also raise 25 per cent more revenue.
"It is believed that the Excise Department will not only meet the target of raising revenue of Rs 7500 crore mentioned in the new policy, but this time about 25 per cent more revenue can be raised. This may be considered as a good sign during the adverse COVID-19 period," according to the official releases
The Excise Department said it will generate 25 per cent more revenues because at present they collected Rs 660 crore more than previous year despite transport services and consumption in hotel, restaurants and bar fully restored. In future, these services will be restored which will lead to the increase in revenue collection.
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Deputy Chief Minister and Excise Minister Dushyant Chautala said that the state government has made provisions in the excise policy to stop tax evasion and sale of illegal liquor.
Chautala said that the flow of illicit liquor from neighboring states has been curbed and it has been ensured that there is a foolproof method for tracing every bottle from distillery to consumers.
"I believe that due to the alertness of the officers of the department, every single rupee of excise revenue is coming into the treasury and that is why we are getting more revenue than the target," he added.
Haryana rolled out new excise policy on May 6, 2020. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)