3x more growth in GST Revenue under AAP amid reforms

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Last updated: 19 April 2025

Annual rate of Punjab GST collection is 14.76% across first 3 years

Year Revenue Annual growth rate
2024-25 ₹23,642.15 crore[1] 12.99%
2023-24 ₹20,923.37 crore[2] 15.42%
2022-23 ₹18,128 crore[3] 16.63%
2022-23 ₹15,542 crore[4] -

Comparison with prev govt[5]

Party in Power Time in Power CAGR (Annual growth rate) Tax Type Total Collection
AAP 2022-2025 14.76% GST Rs 64,253 crore[6]
Congress 2017-2022 5.4% GST/VAT Rs 21,286 crore[6:1]
Akali 2012-2017 9.5% VAT -

Reforms

1. Bill Liyao Inaam Pao

2. New GST dealers and compliance[7]

93% of registered taxpayers consistently filing returns on time

Collaborated with IIT Hyderabad to integrate advanced data analytic tools, and implemented adjudication and scrutiny modules to prevent revenue leakages

  • Addition of 46,338 new taxpayers in 2023-24
  • 33,000 new taxpayers up to December 2024 in 2024-25

3. Chandigarh/Other states shopping IGST to Punjab[8][9]

Punjab can now expect a jump in its GST collection

  • Punjab has its way, will collect IGST if state resident shops in Chandigarh or any other state
  • GST Council agreeing to allow Integrated Goods and Services Tax (IGST) collection by way of destination-based consumption tax
  • 01 Dec 2023: GST amendment Bill is also passed related to this change[10]

4. New tech solutions to check GST tax evasion[11]

Aug 2023: Newly set up Tax Intelligence Unit (TIU) to assist tax authorities

  • Adopting learnings from Study tour of Telangana and the best practices adopted by them in GST administration

References:

  1. https://www.hindustantimes.com/cities/chandigarh-news/excise-revenue-jumped-by-16-last-fiscal-cheema-101743517900853.html ↩︎

  2. https://prsindia.org/files/budget/budget_state/punjab/2025/Punjab_Budget_Analysis_2025-26.pdf ↩︎

  3. https://prsindia.org/files/budget/budget_state/punjab/2024/Punjab_Budget_Analysis_2024-25.pdf ↩︎

  4. https://prsindia.org/budgets/states/punjab-budget-analysis-2023-24 ↩︎

  5. https://www.youtube.com/watch?v=XV96oX8CN_U ↩︎

  6. https://yespunjab.com/budget-reflects-govts-commitment-to-transform-punjab-harpal-cheema/ ↩︎ ↩︎

  7. https://www.hindustantimes.com/cities/chandigarh-news/punjabs-gst-base-expanded-cheema-101739896785280.html ↩︎

  8. https://www.babushahi.com/full-news.php?id=167817 ↩︎

  9. https://indianexpress.com/article/cities/chandigarh/punjab-igst-gst-council-finance-minister-cheema-chandigarh-shopping-8835293/ ↩︎

  10. https://timesofindia.indiatimes.com/city/chandigarh/pb-govt-expects-major-hike-in-gst-revenue/articleshow/105642516.cms ↩︎

  11. 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 ↩︎

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