Chandigarh, March 3 -- Punjab finance, excise and taxation minister Harpal Singh Cheema on Sunday said concerted government efforts have led to a rise in the state's tax revenue.

He said the net collection from GST, excise, VAT, CST, and PSDT between April 2024 and February 2025 saw a 12.1% rise as compared to the same period in 2023-24 financial year. The net GST collection saw a 28% growth in February compared to last year, the minister added.

Cheema said this fiscal year has seen a continuation of the previous years' trend, with a 13.4% growth rate in net GST, 14.4% rise in excise, 5.10% climb in VAT, 17% increase in CST, and 13.65% rise in PSDT up to February when compared to the same period in FY 2023-24.

He said the total net col...