Chandigarh, Feb. 19 -- In a major push to widen Punjab's Goods and Services Tax (GST) base, the state's Excise and Taxation Department has successfully added over 79,000 new taxpayers in the past two years through targeted registration drives. Finance, Planning, Excise, and Taxation Minister Harpal Singh Cheema on Tuesday that 46,338 new taxpayers were registered in 2023-24, with an additional 33,000 enrolled by December 2024.
Cheema, in an official statement, highlighted the government's proactive approach in educating businesses about tax compliance, ITC (Input Tax Credit) claims, and the benefits of timely filings. He emphasized that expanding the GST base is not just about increasing revenue but also about creating a fair and transpare...