Chandigarh, Feb. 23 -- Projecting excise revenue of Rs 12,800 crore for 2026-27, Punjab Finance, Planning, Excise and Taxation Minister Harpal Singh Cheema on Monday asserted that Punjab's excise reforms have not only rewritten the state's revenue trajectory but are now directly strengthening public welfare by funding schools, hospitals, and other pro-people schemes.
Announcing the new Excise Policy, the Minister said the state has moved decisively away from the stagnation of previous Indian National Congress and Shiromani Akali Dal-Bharatiya Janata Party governments, transforming excise into a transparent, enforcement-driven, and growth-oriented sector that is delivering record collections while tightening the noose around illicit trade....