A Delhi government committee headed by Public Works Department (PWD) minister Parvesh Verma on Friday, October 3, reviewed the Capital's excise tax structure and maximum retail prices (MRPs) of liquor, according to Zee Business sources. The panel has been tasked with drafting a new excise policy, expected within the next two months, in a bid to boost revenues and curb cross-border sales.

Delhi losing buyers to Gurgaon, Noida and Faridabad

Officials said Delhi has been losing a significant share of liquor sales to neighbouring cities such as Noida and Ghaziabad in Uttar Pradesh, and Gurugram and Faridabad in Haryana. The price difference - often running into hundreds of rupees on premium labels - has been a key driver of the outflow.

"Excise tax rates in Delhi have not been revised since

See Full Page