Delhi government extends excise policy for 9 months, till March next year
According to officials, the government has formed a high-level committee to chalk out a new policy, and it will need time to finalise the modalities and guidelines. Meanwhile, as the existing policy's term ends on June 30, the excise department decided to extend the old excise regime under which four government corporations run liquor shops in Delhi.
'The Competent Authority has granted approval for continuation of Excise Duty Based Regime which is in effect from licensing year 2022-23. (which was continued in 2023-24 and 2024-25) for Excise Year 2025-26 (w.ef. 01.07.2025 to 31.03.2026), for grant of wholesale licenses on basis of same terms and conditions and accordingly new L-1, L-1F, L-2 Licenses are allowed on same terms and conditions of Excise Duty Based Regime,' a notification issued by Tanvir Ahmad, Deputy Commissioner, Excise, on Friday reads.
The notification said that the terms and conditions of all licences, which are renewable every year, are also continued for the excise year 2025-26 within the following timelines:
Meanwhile, the department has also asked concerned branches dealing with all the licences and permits granted or renewed to issue necessary circulars in this regard.
Currently, there are around 792 liquor shops in Delhi which are run by the Delhi State Industrial and Infrastructure Development Corporation, Delhi Consumer's Cooperative Wholesale Store, Delhi Tourism and Transportation Development Corporation and Delhi State Civil Supplies Corporation.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
6 days ago
- Hindustan Times
Environment minister to visit e-waste park in Norway to note best practices
Delhi environment and industries minister Manjinder Singh Sirsa arrived in Oslo on Sunday to study electronic waste (e-waste) management systems, ahead of the city's plan to develop an e-waste park in Holambi Kalan. The visit, facilitated in coordination with the Norwegian government, will take place on Monday. Environment minister Manjinder Singh Sirsa (HT Photo) On Monday, Sirsa will visit an e-waste park in Oslo where the entire chain of e-waste management — from collection to processing — will be assessed, including technologies in use. 'We will also visit an industrial area, in the middle of the city, to again study the best practices, ranging from waste management there to ensuring recycling and zero air pollution,' Sirsa told HT. The Delhi government is planning to build a dedicated e-waste park over 11.4 acres in north Delhi, aimed at processing over 51,000 metric tonnes of e-waste annually. A feasibility study for the ₹150 crore project will be undertaken soon, following which a global RFQ-cum-RFP (Request for Qualification-cum-Request for Proposal) will be floated. 'This is a short visit to understand how Norway is managing its e-waste. We want Delhi's e-waste park to generate zero pollution. Previous governments didn't plan for the present or the future, and that is why we have waste mountains. We don't want to repeat those mistakes,' Sirsa said. He added that the Delhi government is also studying Hong Kong's e-waste management model. 'We are examining both Norway and Hong Kong to get a sense of the advanced machines and technologies we can use for the project,' Sirsa said. He is expected to return to Delhi on Tuesday. The Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) is the nodal agency for the project. Sirsa, who has been accompanied by DSIIDC officials on the trip, had earlier announced that a third-party feasibility study would evaluate global models with a focus on zero-emission and zero-landfill systems. Other features under consideration include scientific dismantling protocols, metal recovery systems, digital waste tracking, air quality monitoring, and pollution control mechanisms. The park is expected to generate over ₹350 crore in economic output, according to government estimates. Once awarded, the construction of the facility will take 18 months to complete, officials have said.
India Today
30-07-2025
- India Today
ED restitutes properties worth Rs 386 crore in Karnala Bank scam
The Enforcement Directorate(ED) in Mumbai has restituted immovable properties valued at Rs 386 crore to the Competent Authority under the Maharashtra Protection of Interest of Depositors (MPID) Act in connection with the financial fraud involving Karnala Nagari Sahakari Bank, Panvel. The restitution aims to compensate depositors who suffered financial losses due to a large-scale properties were earlier provisionally attached by the ED under Section 5 of the Prevention of Money Laundering Act (PMLA), following investigations that revealed the erstwhile chairperson, in collusion with other bank officials, orchestrated a fraud involving forged documents and bogus loan accounts. According to an FIR filed by the Economic Offences Wing (EOW), CID, Pune, on February 17, 2020, 63 fictitious loan accounts were created, through which Rs 560 crore was siphoned off for private investigations under PMLA established that the diverted funds were funneled into various entities linked to Vivekanand Shankar Patil and his relatives. The laundered proceeds were used to acquire immovable properties across Raigad District in Maharashtra. These assets, worth Rs 386 crore, were attached on August 17, 2021, and October 12, 2023. A prosecution complaint was filed on August 12, 2021, before the Hon'ble Special Court, PMLA, and the trial is currently ongoing. In response to a restitution application filed under Section 8(8) of PMLA by the RBI-appointed liquidator, the ED granted its consent. The PMLA Special Court, Mumbai, through its order dated July 22, 2025, directed the release of the property located at Karnala Sports Academy, Panvel, to the liquidator for auction. The court also instructed the Competent Authority, MPID, to auction land situated at Posari, Raigad, and distribute the proceeds among affected Nagari Sahakari Bank had over 5 lakh depositors with total deposits amounting to Rs 553 crore. These depositors lost their savings due to the fraudulent activities of the bank's management. In view of the scale of public loss and to expedite recovery for the victims, the ED has taken proactive steps resulting in the current restitution of assets.- Ends
Hans India
22-07-2025
- Hans India
Registration for Delhi Industrial Ideathon 2025 open till Aug 4: Sirsa
New Delhi: Registrations for the Delhi government's Industrial Ideathon 2025 will remain open till August 4, an official said on Tuesday. A first-of-its-kind initiative to crowdsource innovative and technical, student-led solutions for Delhi's planned industrial growth is being organised by the Delhi State Industrial and Infrastructure Development Corporation (DSIIDC). The event is being co-hosted by the prestigious Netaji Subhash University of Technology (NSUT). Registrations for the event started on July 14 and will remain open till August 4, and interested student teams from colleges and universities across Delhi can apply via said Industries Minister Manjinder Singh Sirsa. Sirsa said, 'Industrial Ideathon 2025 is part of our mission to bring young innovators into the heart of industrial policymaking.' He said Delhi's youth have the talent and imagination we need to solve the real challenges faced by our industries. 'This ideathon reflects our government's commitment to digital transformation, youth empowerment, and inclusive entrepreneurship,' he said. Sirsa said, 'We believe in policy by participation. With this ideathon, we are institutionalising youth involvement in the government processes. The collaboration between DSIIDC and NSUT is the first step in a longer journey to make Delhi the innovation capital of India.' An official statement said that the ideathon will be conducted in two phases: Preliminary Round and Grand Finale. The Preliminary Round will be held on August 13-14 at NSUT, where shortlisted teams will pitch their concepts before a panel of experts during an eight-hour challenge. The Grand Finale, scheduled for any one day between August 18-20 in Delhi, will see top teams from each challenge category present refined solutions and vie for prizes. The competition invites interdisciplinary teams of 2-4 students, mandating at least one female participant per team. Participants will work on real-world problems from four critical sectors: Logistics and Supply Chain Management challenges in Delhi's industrial clusters; Tech solutions for Ease of Doing Business for startups and entrepreneurs; Frontier technologies to revamp Delhi's industrial ecosystem; and Practical innovations to strengthen the MSME sector. All participants will receive certificates, and winning teams will be felicitated by senior dignitaries in a closing ceremony. The event is expected to attract over 120 teams from more than 30 academic institutions.
