<h1>Punjab Approves 2025-26 Excise Policy: Targets Rs 11,020 Crore, Increases Liquor Quota, Raises Cow Welfare Cess</h1> The Punjab Cabinet has approved a new excise policy for the fiscal year 2025-26, targeting revenue collection of Rs 11,020 crore. The policy includes e-tendering for liquor vends and a 3% increase in the quota for country-made liquor. New excise police stations will be established to enhance enforcement, and a new bottling plant will be set up. The cow welfare cess on liquor has been raised from Rs 1 to Rs 1.50 per proof litre, expected to boost revenue from Rs 16 to 24 crore. The previous revenue from excise was Rs 6,100 crore under earlier administrations.