Punjab finance

04 May

Punjab Finance Minister Harpal Cheema Orders Immediate Rollout of Rangla Punjab Phase Two

Gurpreet Singh0 CommentsBusinessDCs, Development, Harpal Cheema, Infrastructure, Phase Two, Punjab finance, Rangla Punjab, transparency

Chandigarh (Gurpreet Singh); Punjab Finance Minister Harpal Singh Cheema issued a comprehensive set of instructions on Monday to all District Deputy Commissioners, mandating the swift and time-bound completion of all ongoing development projects under the Rangla Punjab Vikas Scheme. While chairing a high-level review meeting in Chandigarh, the Minister made it clear that any delays in the execution of Phase One projects would be considered unacceptable. He stressed that the government is committed to a rapid transformation of the province and that administrative efficiency is paramount to achieving these developmental goals. In a bid to ensure that the progress remains…

03 May

Punjab Government Sees Strong Revenue Growth as VAT and Development Tax Collections Surge

Gurpreet Singh0 CommentsPunjabHarpal Cheema, PSDT surge, Punjab finance, Punjab revenue, Revenue growth, Tax collection, VAT growth

Chandigarh (Gurpreet Singh): Highlighting a major milestone in the state's revenue generation, Punjab Finance, Excise and Taxation Minister Harpal Singh Cheema on Sunday announced that the state has recorded a significant financial boost for April 2026, driven by an impressive double-digit surge in both Value Added Tax (VAT) and Punjab State Development Tax (PSDT) collections. The Finance Minister said, "The state successfully secured approximately ₹265 crore in combined supplementary revenue from these two sectors, an achievement driven entirely by enhanced monitoring mechanisms, stringent enforcement protocols, and a transparent tax administration framework." Sharing the comprehensive details of this financial success, Finance…