GST Dated:- 2-1-2025 PTI – News – Punjab's revenue collection from VAT, CST, GST crosses Rs 30,000 crore in Apr-Dec: Cheema Dated:- 2-1-2025 – Chandigarh, Jan 2 (PTI) Punjab Finance Minister Harpal Singh Cheema on Thursday said the state has, for the first time, surpassed the Rs 30,000-crore mark in revenue collection as VAT, CST, GST, PSDT (state development tax), and excise in the first nine months of a fiscal year. “In the current fiscal year, the total revenue received from these taxes up to December is Rs 31,156.31 crore, whereas in the fiscal year 2023-24, the total revenue collection from these taxes was Rs 27,927.31 crore,” Cheema said in an official statement here. Cheema said the state has also witnessed a significant increase i
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lected Rs 5,643.81 crore from VAT, Rs 274.31 crore from CST, Rs 17,405.99 crore from GST, Rs 139.10 crore from PSDT, and Rs 7,693.1 crore from excise. Cheema said, “These figures are indicative of the state's robust economic policies and a testament to the Chief Minister Bhagwant Singh Mann led Punjab government's commitment to achieving fiscal prudence and sustainable growth”. He added that the consistent increase in revenue collection across various sectors demonstrates the effectiveness of the measures implemented by the excise and taxation department to enhance revenue streams. PTI SUN TRB TRB – News – Press release – PIB Tax Management India – taxmanagementindia – taxmanagement – taxmanagementindia.com – TMI – TaxTMI – TMITax – News
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