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PUNJAB TAX REVENUE
UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
'Khalsa tax': Issue taken up with Punjab Chief Minister, says Himachal minister Jagat Singh NegiHimachal Pradesh Chief Minister has raised the issue of a 'Khalsa tax' with his Punjab counterpart. A group of Nihang Sikhs imposed this sy...
JSW Cement shares fall 2% after jumping 14% in two days. Should you buy, sell or hold?JSW Cement shares declined after a sharp post-results rally despite the company reporting a strong jump in March quarter profit and steady ...
ED eyes Rs 151 crore BSNL land deal in Chennai for new office complexThe Directorate of Enforcement is set to acquire a significant land parcel from BSNL in Chennai. This move aims to establish a new office c...
India's GST collections rise 8.2% to Rs 1.78 lakh crore in MarchIndia's Goods and Services Tax (GST) collection surged to Rs 1.78 lakh crore in March 2026, marking an 8.2% increase from the previous mont...
Punjab recovers Rs 111 crore under VAT arrears one-time settlement scheme: FM Harpal Singh CheemaPunjab has recovered over Rs 111 crore from its one-time settlement scheme for Value Added Tax arrears. The initiative aims to clear legacy...
Punjab's GST mop-up rises 16 pc to over Rs 19,000 crore till FebruaryPunjab's Goods and Services Tax (GST) collection surged by 15.69%, reaching Rs 19,222 crore in the current fiscal year. Excise revenue also...
Punjab's GST revenue rises 16.52% to Rs 15,524 cr in April-DecemberPunjab experienced a 16.52 per cent year-on-year growth in revenue from Goods and Services Tax (GST) and a 10.4 per cent increase in revenu...
Higher tax mop-up has 12 states in Rs 4,000-crore fiscal surplus in Q1These states have, in fact, budgeted a fiscal deficit of whopping Rs 1,14,160 crore for the current fiscal year, says a report by the domes...
Punjab 'ready' to slash tax on petrol to 30%Punjab hopes that by reducing tax on petrol, its revenue may not be hit as it will be compensated by increase in petrol sale in border dist...
Fuel price cut: Punjab, Haryana see revenue loss of Rs 300crore per yearIt was the eighth straight reduction in petrol prices since Aug and fourth in diesel since Oct. The new prices were effective from Dec 15 m...
Lottery operators in Punjab ask state government not to raise taxLottery operators said they generate tax revenue of Rs 120 crore annually from lottery business which goes to the state exchequer.
Centre must indemnify states on rice, wheat to trim inflation: AssochamThe Centre must partially compensate states and adopt a progressive tax policy on VAT to lower prices of essential commodities, Assocham to...
Punjab plans to levy lumpsum tax on marriage palacesWith the levy of lumpsum tax, the Department expects its revenue from marriage palaces to shoot up from Rs 40 crore last fiscal to Rs 100 c...
Punjab to seek higher share in central taxesThe cash-strapped Punjab government will seek higher share of funds from central pool of tax revenue, a state minister said.
- Centre should ensure compensation of Rs 3,000 crore revenue loss: Punjab Government
Punjab Govt today said the Centre should compensate Rs 3K cr of revenue loss to state which is likely to occur after implementation of GST
- Punjab's fiscal health "poorer" than Haryana's
Despite Punjab trying "hard" to bring fiscal discipline, its fiscal health when compared with Haryana, the neighbouring state is performing...
- Punjab cabinet to decide on new taxes, retirement age tomorrow
Punjab cabinet is likely to decide on levying new taxes and raising retirement age tomorrow as part of its efforts to mobilise over Rs 3,00...
- Punjab decides to withdraw entry tax on several items
In a major relief to the state industry, Punjab government on Wednesday announced to withdraw four per cent entry tax on several items incl...
- Punjab, Haryana project Rs 650 cr loss due to CST cut
Punjab and Haryana have projected revenue loss of Rs 150 crore and Rs 500 crore respectively due to the proposed cut in Central Sales Tax r...