Liquor to be costlier in the capital

Delhi Government today issued notification for the new excise policy under which price of Indian-made Foreign Liquor was sought to be increased by around ten per cent.

Tipplers will have to shell out more to buy liquor in the capital from July.

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Delhi Government today issued notification for the new excise policy under which price of Indian-made Foreign Liquor was sought to be increased by around ten per cent.

The new rates will come into effect from July one, a senior official said.

He said the fees for grant of licence to liquor vends has also been increased substantially.

The department is targeting an overall collection of Rs 2,300 crore from excise duty in 2011-12. In the last fiscal, it collected Rs 2,024 crore as against a target of Rs 2,000 crore.