Punjab GST

Punjab Outpaces National Average with 14.59% GST Growth in May 2026

Punjab Outpaces National Average with 14.59% GST Growth in May 2026

Chandigarh (Gurpreet Singh): Reaffirming Punjab’s path of strong fiscal performance, Finance, Excise and Taxation Minister Advocate Harpal Singh Cheema announced on Monday that the state has recorded a robust growth of 14.59 percent in Goods and Services Tax (GST) collections during May 2026. Finance Minister Cheema said, "The Gross GST Collection for the month reached ₹2,400.52 crore, marking a significant increase of ₹305.71 crore compared to the ₹2,094.81 crore collected during May 2025". The Finance Minister emphasised that this impressive surge reflects sustained economic activity, improved tax compliance, and the effective execution of enforcement measures by the Excise and Taxation…
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Punjab Achieves Historic GST Milestone with Record Revenue and National Growth Leadership

Punjab Achieves Historic GST Milestone with Record Revenue and National Growth Leadership

Chandigarh (Gurpreet Singh): Punjab Finance, Planning, Excise and Taxation Minister Advocate Harpal Singh Cheema on Saturday announced that the Chief Minister Bhagwant Singh Mann led Punjab Government has set a historic benchmark in tax revenue for April 2026 as the state achieves its highest-ever monthly Goods and Services Tax (GST) collection since the tax's inception, simultaneously topping the nation in overall GST revenue growth. Detailing this unprecedented achievement in a press communique issued here, Finance Minister Harpal Singh said, "The State has recorded a Gross GST collection of ₹2987.38 crore alongside a Net GST collection of ₹2725.08 crore. This exceptional…
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