India, May 25 -- The Haryana Excise and Taxation department has amended key provisions of the Excise Policy 2025-27. The changes, which came into effect this week, aim to reduce the financial burden on bidders and make the policy more business-friendly, particularly for Gurugram East and West, where the bidding process had to be rescheduled due to the amendments made, officials said.

Under the revised policy, the department has lowered the total security requirement from 15% to 11% of the licence fee. Additionally, the initial security deposit at the time of bidding has been reduced from 3% to 2%, and the percentage of the licence fee required to start lifting the allotted liquor quota has also been cut from 7% to 5%. These measures are ...