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GST net collection up 44% in June: Punjab FM Harpal Cheema

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Punjab has recorded an unprecedented 44.44 per cent growth in net GST collection for June 2025 and a substantial 27.01 per cent growth for the first quarter of fiscal year (FY) 2025-26. This marks the highest-ever GST revenue growth in a quarter and for June month in the state’s history.

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This was stated by Finance, Planning, Excise and Taxation Minister Advocate Harpal Cheema here on Tuesday, after he facilitated top five taxpayers of the state. Ashu Agnihotri from Ambuja Cement, Sanjay Malhotra from HPCL-Mittal Energy Limited (HMEL), Chaman Lal Sharma from Samsung India Private Limited, Ankush Sharma from Tata Steel and Nitin Dada from Dada Motors were felicitated by him.

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Cheema claimed that the state had outpaced the national average in GST growth, firmly positioning itself among the top-performing states in tax mobilisation, despite facing national and geopolitical challenges, including border-related tensions.

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 trend of 15.35 per cent in April and 24.59 per cent in May. The net GST collection during the first quarter of FY 2025-26 reached Rs 6,830.40 crore, compared to Rs 5,377.75 crore in the first quarter of 2024-25.

Cheema also launched a scathing attack on the previous SAD-BJP and Congress-led governments, citing their failure to check tax evasion and improve the state’s fiscal health. “During our three years of rule, we have made total GST collection of Rs 62,733 crore. During the previous Congress regime, the state collected merely Rs 55,146 crore,” he added.

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On the state’s mounting debt, he said they had to pay Rs 25,000 crore as interest and Rs 18,200 crore in principal on the legacy debt left by the previous SAD-BJP and Congress governments.

Rs 2,379 cr collected during month

Rs 2,379 crore net GST collection during June 2025

Rs 1,647 crore collected in June 2024

Rs 15.35% was the monthly net growth in April and 24.59% in May

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