Last updated: 5 October 2026
14.38% growth rate over 4 years (2021-22 to 2025-26)[1]
-- About 2.7x the annual growth of the Congress period (5.4%)
-- ₹89,295 crore collected in 4 years of AAP vs ₹63,042 crore in 5 years of Congress[2][1:1]
2025-26 crackdown on tax evasion:
Record ₹1,137.85 crore recovered out of ₹1,383 crore penalties imposed[3]
BJP/Congress colluded with tax evaders in the past to siphon off the hard-earned money of honest taxpayers[2:1]
| Year | Revenue | Annual growth rate |
|---|---|---|
| 2025-26 | ₹26,601.12 crore[1:2] | 12.52% |
| 2024-25 | ₹23,642.15 crore[4] | 12.99% |
| 2023-24 | ₹20,923.37 crore[5] | 15.42% |
| 2022-23 | ₹18,128 crore[6] | 16.63% |
| 2021-22 | ₹15,542 crore[7] | - |
FY 2026-27 (April–July):
-- Gross GST ₹10,447.9 crore, up 20% from same period last year[8]
-- April 2026: Highest-ever monthly gross GST of ₹2,987.38 crore-- Punjab top state in GST growth[9]
| Party in Power | Time in Power | CAGR (Annual growth rate) | Tax Type | Total Collection |
|---|---|---|---|---|
| AAP | 2022-2026 (4 years) | 14.38% | GST | ₹89,295 crore[1:3] |
| Congress | 2017-2022 | 5.4% | GST/VAT | ₹63,042 crore[2:2] |
| Akali | 2012-2017 | 9.5%[10] | VAT | - |
Punjab unearthed Rs 1,549-cr bogus billing scam in May 2025[2:3]
-- Oct 2026: SIPU uncovered multi-state network with GST fraud of ₹429.30 crore (taxable value ₹2,410 crore); FIR registered in Ludhiana[12]
Tax Intelligence Unit (TIU)[11:1]
Collaborated with IIT Hyderabad[11:2]
93% of registered taxpayers consistently filing returns on time
Punjab can now expect a jump in its GST collection
References:
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://indianexpress.com/article/cities/chandigarh/punjab-billing-scam-ludhiana-leads-fake-invoices-9999591/ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎ ↩︎
https://www.babushahi.com/full-news.php?id=219430 (Punjab Govt Press Release) ↩︎
https://www.hindustantimes.com/cities/chandigarh-news/excise-revenue-jumped-by-16-last-fiscal-cheema-101743517900853.html ↩︎
https://prsindia.org/files/budget/budget_state/punjab/2025/Punjab_Budget_Analysis_2025-26.pdf ↩︎
https://prsindia.org/files/budget/budget_state/punjab/2024/Punjab_Budget_Analysis_2024-25.pdf ↩︎
https://prsindia.org/budgets/states/punjab-budget-analysis-2023-24 ↩︎
https://yespunjab.com/punjabs-gst-revenue-rises-20-to-₹10447-crore-in-first-four-months-of-fy-2026-27-harpal-cheema/ (Punjab Govt Press Release, 1 Aug 2026) ↩︎
https://www.babushahi.com/full-news.php?id=220505 (Punjab Govt Press Release) ↩︎
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 ↩︎ ↩︎ ↩︎
https://www.babushahi.com/full-news.php?id=228200 (Punjab Govt Press Release, 14 Oct 2026) ↩︎
https://www.hindustantimes.com/cities/chandigarh-news/punjabs-gst-base-expanded-cheema-101739896785280.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 ↩︎
