Last updated: 09 Feb 2024
FY 2023-24: Punjab GST collection up 15.67%[1]
| Party in Power | Time in Power | CAGR (Annual growth rate) | Tax Type |
|---|---|---|---|
| AAP | Mar 2022-Dec 2024 | ~16% | GST |
| Congress | 2017-2022 | 5.4% | GST/VAT |
| Akali | 2012-2017 | 9.5% | VAT |
Punjab can now expect a jump in its GST collection
Aug 2023: Newly set up Tax Intelligence Unit (TIU) to assist tax authorities
References:
https://www.hindustantimes.com/cities/chandigarh-news/punjabs-economy-on-right-track-cheema-101707247321244.html ↩︎
https://indianexpress.com/article/cities/chandigarh/punjab-igst-gst-council-finance-minister-cheema-chandigarh-shopping-8835293/ ↩︎
https://timesofindia.indiatimes.com/city/chandigarh/pb-govt-expects-major-hike-in-gst-revenue/articleshow/105642516.cms ↩︎
https://www.hindustantimes.com/cities/chandigarh-news/state-to-adopt-new-tech-solutions-to-check-tax-evasion-says-punjab-minister-harpal-singh-cheema-101691089478127.html ↩︎
