Last Updated: 5 October 2026
Punjab Revenue Growth[1]
-- Congress (2017-2022): 6.1% only
-- Akali+BJP (2012-2017): 8% only
AAP Govt added 13.39% annual growth (2021-22 to 2025-26 RE) in Punjab own tax revenue
-- Own tax revenue: ₹37,327 crore (2021-22) → ₹53,794 crore (2024-25 actual) → ₹61,700 crore (2025-26 revised estimate)[2]; Punjab among top 3 states in revenue growth[3]
| Type | 2012-2017 (Akali + BJP) |
2017-2022(Congress) | AAP (latest available year) |
|---|---|---|---|
| VAT/ GST collection | 9.5%[4] | 5.4%[4:1] 2021-22: ₹15,542 Cr[4:2] |
14.38% (2021-22 to 2025-26) 2024-25 (actual): ₹23,642.15[5] 2025-26: ₹26,601 Cr (GST)[6] |
| Excise | 9.8%[4:3] | 6.9%[4:4] 2021-22: ₹6,157 Cr[4:5] |
17.04% (2021-22 to 2025-26) 2024-25 (actual): ₹10,743.72[5:1] 2025-26: ₹11,736.57 Cr[6:1] |
| Stamp & registration | -7.9%[4:6] | 10.1%[4:7] 2021-22: ₹3,308 Cr[4:8] |
20.61% (2021-22 to 2025-26 RE) 2024-25 (actual): ₹5,781[2:1] 2025-26 RE: ₹7,000[2:2] |
| Tax on vehicles | 12.7%[4:9] | 8.8%[4:10] 2021-22: ₹2,359 Cr[4:11] |
15.86% (2021-22 to 2025-26 RE) 2024-25 (actual): ₹3,426[2:3] 2025-26 RE: ₹4,250[2:4] |
| Total Non-Tax Revenue | 33.2%[4:12] | -4%[4:13] 2021-22: ₹4,784 Cr[4:14] |
42.12% (2021-22 to 2025-26 RE) 2024-25 (actual): ₹6,277[2:5] 2025-26 RE: ₹19,517[2:6] 2026-27 BE: ₹15,687[2:7] |
| Total Own Tax Revenue | 8%[4:15] | 6.1%[4:16] 2021-22: ₹37,327 Cr[4:17] |
13.39% (2021-22 to 2025-26 RE) 2024-25 (actual): ₹53,794[2:8] 2025-26 RE: ₹61,700[2:9] |
Good to know: 2025-26 non-tax revenue (revised estimate ₹19,517 crore) is about 60% above the ₹12,211 crore budgeted[7][2:10], so its 42% annual growth reflects higher receipts in that year; the 2026-27 budget estimate is ₹15,687 crore
References:
https://prsindia.org/budgets/states/punjab-budget-analysis-2026-27 (PRS, Punjab Budget 2026-27: 2025-26 revised estimates) ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎
https://www.babushahi.com/full-news.php?id=217960 (Punjab Govt Press Release) ↩︎
https://finance.punjab.gov.in/uploads/05Mar2024/Budget_At_A_Glance.pdf ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎
https://www.hindustantimes.com/cities/chandigarh-news/excise-revenue-jumped-by-16-last-fiscal-cheema-101743517900853.html ↩︎ ↩︎
https://www.tribuneindia.com/news/punjab/12-52-pc-growth-in-net-gst-9-15-pc-in-excise-revenue-for-fy-2025-26-harpal-singh-cheema/ ↩︎ ↩︎
https://prsindia.org/files/budget/budget_state/punjab/2025/Punjab_Budget_Analysis_2025-26.pdf ↩︎
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