Indian capital New Delhi government's revenue collection from sales of liquor has surged by an impressive 23 percent in the 2010-11 financial year compared to what it earned in 2009-10, according to a report by Press Trust of India on Sunday.
The government collected 20.27 billion rupees (74 million U.S. dollars) as excise tax between April 2010 and March 2011 as against its collection of 16.44 billion rupees (37 million U.S. dollars) in the same period in the preceding fiscal, said the report.
Government officials said they have taken "many initiatives to plug the loopholes in revenue collection system" of one of the most booming business of the capital, where alcohol consumption is on the rise, according to the report.
In India, most liquor shops, also known as Wine and Beer Shop, is government-owned assets.
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