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20% growth in gross GST revenue: Punjab FM Harpal Singh Cheema

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Harpal Singh Cheema
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Finance Minister Harpal Singh Cheema on Saturday said the Excise and Taxation Department had recorded 20% growth in Gross GST revenue during the first four months of the current financial year, accumulating Rs 10,447 crore compared to Rs 8,708 crore in the previous year.

Cheema said, “For July 2026 alone, the state registered a Gross GST collection of Rs 2,614 crore, reflecting an 8.31% year-on-year increase alongside a national high SGST cash growth exceeding 16.23%, backed by severe crackdowns on bogus billing networks and strict recovery of legacy tax arrears.”

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