Chandigarh, April 7 Punjab Excise and Taxation Minister Harpal Singh Cheema said on Tuesday that his department had collected Rs 11,782 crore by March 31, 2026, surpassing the target of Rs 11,200 crore for the 2025-26 fiscal year.
In a statement, Cheema attributed this revenue collection to the state government's proactive governance and trade-friendly policies.
"Notably, excise revenue has nearly doubled over the past four years, increasing from Rs 6,254.84 crore to Rs 11,782 crore, with a new target of Rs 12,800 crore set for 2026-27.
"This achievement highlights the department's strong commitment to maximizing revenue while ensuring transparency and compliance," he said.