{"id":8302,"date":"2024-06-14T03:33:43","date_gmt":"2024-06-14T03:33:43","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=8302"},"modified":"2024-06-14T03:33:43","modified_gmt":"2024-06-14T03:33:43","slug":"cabinet-approves-new-excise-policy-14-higher-collections-expected","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/cabinet-approves-new-excise-policy-14-higher-collections-expected\/","title":{"rendered":"Cabinet approves new excise policy, 14% higher collections expected"},"content":{"rendered":"

The excise policy for 2021-22 envisaging the collection of Rs 1,829 crore, which is Rs 228 crore higher than the previous year, was approved at a Cabinet meeting chaired by Chief Minister Jai Ram Thakur here today. The new policy will help in increasing collections by almost 14 per cent over the last year.<\/p>\n

The Cabinet also approved the setting up of excise Police<\/a> in the Excise and Department to check inter-state and intra-state smuggling and illicit trade of liquor and bootlegging.<\/p>\n

The excise year 2020-21 has been extended by one month up to June 30 considering the situation arising out of Covid. As such, the new excise policy will be operational for nine months from July 1, 2021, to March 31, 2022. The Cabinet also approved the renewal of retail excise vends for 2021-22 at a fee of 3 per cent of the value of the unit\/vend.<\/p>\n","protected":false},"excerpt":{"rendered":"

The excise policy for 2021-22 envisaging the collection of Rs 1,829 crore, which is Rs 228 crore higher than the previous year, was approved at a Cabinet meeting chaired by Chief Minister Jai Ram Thakur here today. The new policy will help in increasing collections by almost 14 per cent over the last year. The … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1091],"tags":[1131],"class_list":["post-8302","post","type-post","status-publish","format-standard","hentry","category-himachal-pradesh","tag-11-05-21"],"yoast_head":"\nCabinet approves new excise policy, 14% higher collections expected - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/cabinet-approves-new-excise-policy-14-higher-collections-expected\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet approves new excise policy, 14% higher collections expected\" \/>\n<meta property=\"og:description\" content=\"The excise policy for 2021-22 envisaging the collection of Rs 1,829 crore, which is Rs 228 crore higher than the previous year, was approved at a Cabinet meeting chaired by Chief Minister Jai Ram Thakur here today. The new policy will help in increasing collections by almost 14 per cent over the last year. The ... 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The new policy will help in increasing collections by almost 14 per cent over the last year. The ... 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