Punjab's GST Boom: Surpassing National Trends
Punjab saw a 22.35% rise in GST collections, amounting to Rs 13,971 crore in April-September 2025, compared to Rs 11,418 crore last year. The state also reported growth in other tax categories and increased enforcement actions, including blocking Rs 246 crore of ineligible ITC and lodging major FIRs against fraudulent activities.
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In a significant financial development, Punjab has reported a remarkable 22.35% increase in Goods and Services Tax (GST) collections, reaching Rs 13,971 crore during the first six months of this fiscal year, according to Finance Minister Harpal Singh Cheema.
Compared to the same period last year, when the state collected Rs 11,418 crore, this year's growth demonstrates Punjab's robust strategies. The Finance Minister highlighted a jump in the GST revenue growth rate from 5% in early fiscal year 2024-25 to 22.35% in 2025-26.
The state's proactive stance in indirect tax collection and enforcement actions has also yielded positive results. Notably, Rs 246 crore of ineligible Input Tax Credit was blocked, and significant fines during road inspections have collectively bolstered Punjab's tax revenues beyond national averages.
(With inputs from agencies.)
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