Chandigarh (Balwinder Singh)— Haryana has recorded the highest growth rate in State Goods and Services Tax (SGST) collections across India during the first five months of the 2026-27 fiscal year, posting a 29 percent surge. Official figures released on Wednesday indicate that the state amassed ₹24,662 crore in SGST receipts between April and August, up substantially from ₹19,174 crore collected during the corresponding period last fiscal. The state’s pace of revenue expansion nearly doubled the national average growth rate of 16 percent.
The robust fiscal momentum continued through August 2026, when post-settlement SGST receipts reached ₹4,982 crore compared to ₹4,119 crore during the same month last year, reflecting a 21 percent jump. This monthly expansion significantly outpaced the national average growth benchmark of 13 percent recorded for the month.
A government spokesperson highlighted that while Haryana accounts for only 6.63 lakh registered GST taxpayers—under 4 percent of the national taxpayer base—it generates roughly 7.7 percent of India’s overall GST collections across SGST, CGST, and IGST. The disproportionate contribution reflects intense industrial activity, high commercial turnover, and sustained enforcement compliance across manufacturing and service hubs within the state.
Legacy tax collections also mirrored this upward trajectory, with Value Added Tax and Central Sales Tax receipts totaling ₹5,768 crore during the April-to-August stretch. This marked a 13.8 percent rise over the ₹5,067 crore generated under those heads during the equivalent five-month timeframe in the previous financial year, bolstering the state’s broader fiscal health.
