Delhi govt collects Rs 1,727cr in excise revenue in Q1
The Business Guardian|July 29, 2023
According to documents released by the Delhi government, the excise department recorded a remarkable increase in revenue collection during the last fiscal year, reaching Rs 6,815.49 crore (excise and VAT).
Delhi govt collects Rs 1,727cr in excise revenue in Q1

This marked a substantial surge from the revenue collection of Rs 4,587.58 crore in 2021-22. The noteworthy achievement is even more impressive considering the transition from the now-scrapped new liquor policy to the old excise regime. Despite this change, the Delhi excise department managed to report a 20 percent rise in liquor sales for the fiscal year 2022-23 compared to 2021-22.

The data provided by the Delhi government revealed astounding figures for the first quarter of 2022-23. There was a staggering 258.63 percent increase in revenue collection and an impressive 246.72 percent increase in liquor sales during this period. The total revenue collected between April and June 2022-23 amounted to Rs 1,727.61 crore, with liquor sales reaching 22.71 crore bottles. In contrast, during the same period in 2021-22, the revenue collected was Rs 481.72 crore, and liquor sales stood at 6.55 crore bottles.

هذه القصة مأخوذة من طبعة July 29, 2023 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 29, 2023 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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