Punjab GST Collections Increase by 12.52%, Finance Minister Announces
Punjab witnessed a 12.52% increase in GST collections for FY 2025-26, outperforming the national average, driven by strong enforcement and economic recovery. Despite a mid-year dip due to GST 2.0, proactive state interventions restored growth.
💡 Key Fact
Punjab's GST collections increased by 12.52% in FY 2025-26, reaching ₹26,601.12 crore, surpassing the national average growth of approximately 6%.
Background
The increase reflects robust financial management and economic recovery in Punjab, despite challenges posed by the introduction of GST 2.0. The state's revenue augmentation was consistent throughout the fiscal year.
Source: Hindustan Times
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