Chandigarh, March 3 -- Punjab Finance, Excise and Taxation Minister Harpal Singh Cheema on Sunday claimed that the AAP-led Punjab Government's unwavering commitment to transformative reforms has yielded remarkable improvements in the state's tax revenue. Quoting official figures, he said that net collection from GST, Excise, VAT, CST, and PSDT from April to February this fiscal year grew by 12.10 percent compared to 2023-24, with net GST collections in February surging by an impressive 28.01 percent.
Cheema revealed that the total net tax collection reached Rs 38,272.66 crore - a significant increase of Rs 4,131.30 crore from the Rs 34,141.36 crore recorded last fiscal year. "Our focused initiatives have broadened the GST base and enhanced...