Chandigarh, May 6 -- Haryana Chief Minister Nayab Singh Saini on Monday presided over a cabinet meeting and approved the Excise Policy for the year 2025-27. A major structural reform introduced in this policy is the realignment of the Excise Policy Year with the Financial Year. The current policy will operate from June 12, 2025, to March 31, 2027, for a period of 21.5 months, after which future policy cycles will be aligned with the April-March financial year. The revenue target set by the Government for FY 2025-26 is Rs. 14,064 crore. The Excise and Taxation Department has demonstrated strong revenue performance in FY 2024-25, collecting Rs. 12,700 crore against the target of Rs. 12,650 crore fixed by the Government. He further said that i...