Delhi’s excise collections for the April–September half of FY26 surged by over 12 percent, reaching Rs. 4,192.86 crore, driven largely by higher liquor sales and improved enforcement measures. The growth signals healthy demand and provides momentum toward achieving the revised annual target of Rs. 6,000 crore. Excluding VAT, monthly excise receipts leapt by nearly 85 percent over the same period last year. Meanwhile, officials are preparing a new excise policy to modernize pricing, licensing, and regulatory oversight.