Back to News

Uttar Pradesh Excise Revenue Increased 55%, Crossed ₹100 bn Mark

October 12, 2018

Uttar Pradesh Excise Revenue Increased 55%, Crossed ₹100 bn Mark

The Uttar Pradesh government collected an excise revenue of ₹100.15 billion between April and August i.e., the first five months of the current financial year. This recorded a growth of 55% on a year-over-year basis as the government collected only ₹64.25 billion last year during the same period. 

With an impressive excise duty collection so far already, which is accredited to the new excise policy that prevents liquor smuggling, the UP government is targeting to collect as much as ₹300 billion by the end of the fiscal year 2018-19.

Photo credit: ccPixs.com on VisualHunt / CC BY

Important Links:

Consult a Career Advisor

Fill up the form to get in touch with us.

Recent Posts
Subsidies to Indian Farmers Much Lower in Contrast to Western Countries, Says Commerce Secretary
March 29, 2019
Transaction Monitoring Market to Grow 200% by 2023, Says Report
March 29, 2019
90% CAGR Growth Expected in Blockchain IoT Market, Could Reach 3,000 mn USD in 5 Years
March 29, 2019

Recommended for you ...

Subsidies to Indian Farmers Much Lower in Contrast to Western Countries, Says Commerce Secretary
Subsidies to Indian Farmers Much Lower in Contrast to Western Countries, Says Commerce Secretary

March 29, 2019

Transaction Monitoring Market to Grow 200% by 2023, Says Report
Transaction Monitoring Market to Grow 200% by 2023, Says Report

March 29, 2019

90% CAGR Growth Expected in Blockchain IoT Market, Could Reach 3,000 mn USD in 5 Years
90% CAGR Growth Expected in Blockchain IoT Market, Could Reach 3,000 mn USD in 5 Years

March 29, 2019

Chat on WhatsApp