Chandigarh, July 2 -- Punjab registered a record 44% year-on-year growth in net goods and services tax (GST) collection for June 2025 and 27.01% growth for the first quarter of the 2025-26 financial year, said finance and taxation minister Harpal Singh Cheema on Tuesday.
Addressing a press conference here, Cheema said that the net GST collection for June 2025 stood at Rs.2,379.90 crore, reflecting a revenue growth of Rs.732.21 crore over the Rs.1,647.69 crore collected in June 2024.
"This follows monthly net growth trends of 15.35% in April and 24.59% in May. During the first quarter, the collection reached Rs.6,830.40 crore, even amidst the conflict between India and Pakistan in May 2025, compared to Rs.5,377.75 crore during the corres...
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