Chandigarh- Punjab Finance, Planning, Excise and Taxation Minister Harpal Singh Cheema on Monday announced that the state’s fiscal trajectory continues to reflect robust growth, with GST collections in August 2025 registering an impressive 18.66 percent increase compared to the same month last year. He further stated that the cumulative growth in GST collections up to August 2025 stands even higher, at 26.47 percent, underscoring the resilience and efficiency of Punjab’s tax administration.
In a press communiqué issued here, Minister Cheema emphasized that the state’s overall tax collections have demonstrated a significant year-on-year rise, with a 15.39 percent increase recorded up to August 2025 compared to the corresponding period in the previous financial year. He noted that this upward trend spans across various tax categories, reflecting a broader economic momentum and improved compliance.
Providing specific figures, the Finance Minister revealed that the Net GST collection for August 2025 stood at Rs 2138.80 crore, marking a substantial increase of Rs 336.30 crore over the Rs 1802.50 crore collected in August 2024. He added that the net GST collection for the current fiscal year up to August has reached Rs 11,338.47 crore, compared to Rs 8,965.32 crore collected during the same period in FY 2024–25, indicating a growth of Rs 2,373.15 crore.
Highlighting the cumulative tax revenue figures, Minister Cheema stated that the total net collection from VAT, CST, GST, PSDT, and Excise up to August 2025 has touched Rs 19,364.36 crore. This marks a significant rise from the Rs 16,781.08 crore collected during the same timeframe in the previous financial year. He asserted that these figures are a testament to Punjab’s sound fiscal management and the effectiveness of its tax enforcement mechanisms.
Cheema reaffirmed the Chief Minister Bhagwant Mann led Punjab Government’s commitment to maintaining fiscal discipline while ensuring that the benefits of economic growth are translated into public welfare and infrastructure development across the state.