Punjab registers 25 pc growth in GST collections in May
GST
Dated:- 1-6-2025
PTI
Chandigarh, Jun 1 (PTI) Punjab registered a 25.31 per cent on-year growth in net goods and service tax (GST) collections in May to Rs 2,006.31 crore driven by strong tax administration and enhanced compliance.
Finance Minister Harpal Singh Cheema said Punjab's net GST revenue rose to Rs 2,006.31 crore in May, up from Rs 1,601.14 crore in May 2024, showing an increase of Rs 405.17 crore.
This marks the highest-ever GST collection for the month of May in Punjab's history, said Cheema in an official statement.
This year's performance clearly indicates a robust and accelerating growth trend in Punjab's fiscal health, he said and attributed the gro
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