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Punjab Excise Tops 2025–26 Target, Sets ₹12,800-Crore Goal for 2026–27

Officials plan to lean on stricter enforcement to keep revenue growth on track.

Overview

  • The Excise and Taxation Department collected ₹11,782 crore by March 31, 2026, exceeding the revised ₹11,200-crore target.
  • Excise receipts have nearly doubled over four years, rising from ₹6,254.84 crore to ₹11,782 crore.
  • The state set an overall ₹12,800-crore excise target for 2026–27 to extend the recent gains.
  • The 2026–27 policy projects ₹10,520 crore from license fees, up from ₹9,877 crore in 2025–26.
  • All 207 retail liquor groups have been allotted for 2026–27, which the government says shows licensee confidence and supports a steadier liquor trade.