• Home
  • CONTACT US
  • e-paper
    • E-Paper (2018)
    • E-Paper (2019)
    • E-Paper (2020)
    • E-Paper (2021)
    • e-paper 2022
    • e-paper 2023
    • e-paper 2024
    • e-paper 2025
  • Top Stories
  • Punjab
  • Coronavirus
  • Nation
  • Chandigarh
  • World
  • Sports
  • Entertainment
  • e-paper 2023
  • e-paper 2024
  • e-paper 2025
Friday, May 9, 2025
  • Login
  • Home
  • CONTACT US
  • e-paper
    • E-Paper (2018)
    • E-Paper (2019)
    • E-Paper (2020)
    • E-Paper (2021)
    • e-paper 2022
    • e-paper 2023
    • e-paper 2024
    • e-paper 2025
  • Top Stories
  • Punjab
  • Coronavirus
  • Nation
  • Chandigarh
  • World
  • Sports
  • Entertainment
    • All
    • Sports
    A Rajkumar, An Aam Kumari and One Unexpected Love Story —‘The Royals’ Arrives May 9 on Netflix

    A Rajkumar, An Aam Kumari and One Unexpected Love Story —‘The Royals’ Arrives May 9 on Netflix

    Bengali New Year ‘Pohela Boishak’ celebration comes to glittering end at Banga Bhawan 

    Bengali New Year ‘Pohela Boishak’ celebration comes to glittering end at Banga Bhawan 

    L to R_ LIVA Miss Diva Content Creator 2024 Ananya Praveen, LIVA Miss Diva Supranational 2024 Ayushree Malik, LIVA Miss Diva Cosmo 2024 Vipra Mehta, LIVA Miss Diva Fashion Designer 2024 Sudhruti Padhiary

    LIVA Miss Diva 2024 Announces Its Winners

    How india’s streaming audience is becoming more diverse & experimental

    Government College of Nursing, Patiala Hosts Memorable Fresher and Farewell Ceremony" Crescendo 2024"

    Government College of Nursing, Patiala Hosts Memorable Fresher and Farewell Ceremony” Crescendo 2024″

    North region selection trials for ‘Women’s Kabaddi League 2025’ held at Chandigarh University

    North region selection trials for ‘Women’s Kabaddi League 2025’ held at Chandigarh University

  • e-paper 2023
  • e-paper 2024
  • e-paper 2025
No Result
View All Result
Bright Punjab Express
  • Home
  • CONTACT US
  • e-paper
    • E-Paper (2018)
    • E-Paper (2019)
    • E-Paper (2020)
    • E-Paper (2021)
    • e-paper 2022
    • e-paper 2023
    • e-paper 2024
    • e-paper 2025
  • Top Stories
  • Punjab
  • Coronavirus
  • Nation
  • Chandigarh
  • World
  • Sports
  • Entertainment
    • All
    • Sports
    A Rajkumar, An Aam Kumari and One Unexpected Love Story —‘The Royals’ Arrives May 9 on Netflix

    A Rajkumar, An Aam Kumari and One Unexpected Love Story —‘The Royals’ Arrives May 9 on Netflix

    Bengali New Year ‘Pohela Boishak’ celebration comes to glittering end at Banga Bhawan 

    Bengali New Year ‘Pohela Boishak’ celebration comes to glittering end at Banga Bhawan 

    L to R_ LIVA Miss Diva Content Creator 2024 Ananya Praveen, LIVA Miss Diva Supranational 2024 Ayushree Malik, LIVA Miss Diva Cosmo 2024 Vipra Mehta, LIVA Miss Diva Fashion Designer 2024 Sudhruti Padhiary

    LIVA Miss Diva 2024 Announces Its Winners

    How india’s streaming audience is becoming more diverse & experimental

    Government College of Nursing, Patiala Hosts Memorable Fresher and Farewell Ceremony" Crescendo 2024"

    Government College of Nursing, Patiala Hosts Memorable Fresher and Farewell Ceremony” Crescendo 2024″

    North region selection trials for ‘Women’s Kabaddi League 2025’ held at Chandigarh University

    North region selection trials for ‘Women’s Kabaddi League 2025’ held at Chandigarh University

  • e-paper 2023
  • e-paper 2024
  • e-paper 2025
No Result
View All Result
Bright Punjab Express
No Result
View All Result
Home Business

In 4 months of FY 2023-24, Punjab witnesses 16.5% increase in GST and 20.87% in Excise collection: Cheema

Jai Singh by Jai Singh
August 7, 2023
in Business, Chandigarh, Punjab, Top Stories
0 0
0
0
SHARES
118
VIEWS
Share on FacebookShare on Twitter

Technical and administrative reforms lead to consistent increase in GST

State registers 36.07 percent increase in GST in July 2023 as compared to July 2022

Mobile app to be released soon under ‘Bill Liao, Inam Pao’ scheme

Chandigarh, August 7

Punjab Finance, Planning, Excise and Taxation Minister Advocate Harpal Singh Cheema on Monday said that the state has registered an increase of 16.5 per cent and 20.87 per cent in revenue from Goods and Services Tax (GST) and Excise respectively during the first four months of the financial year 2023-24.

Disclosing this in a press statement issued here, Finance Minister Harpal Singh Cheema said that the state had received revenue of Rs 5846.31 crore from GST, Rs 2772.08 crore from Excise, Rs 2286.32 crore from Value Added Tax (VAT), Rs 80.84 crores from Central Sales Tax (CST) and Rs 51.62 crores from Punjab State Development Tax (PSDT) during first four months of fiscal year 2022-23. He said that total revenue of Rs 11037.17 crore was collected from these sources till the end of July 2022.

Giving credit to the improved performance of Excise and Taxation department, Cheema said that the department has reflected consistent improvement with the collection of Rs 6810.76 crore from GST, Rs 3033.78 crore from Excise, Rs 2348.55 crore from VAT, Rs 76.91 crore from CST and Rs 52.71 crores from PSDT during the first four months of this financial year. He said that so far a total of Rs 12322.71 crore has been received from the above said resources, which is 11.65 percent more as compared to the revenue collected from these during the same period in 2022-23.

Referring to Tax Intelligence Unit (TIU) and other technical and administrative reforms, Finance Minister Harpal Singh Cheema said that while GST has recorded a total increase of 16.5 per cent during the current financial year, and there has been an increase of 36.07 percent in the revenue received from GST during the month of July this year as compared to July 2022. “The tax department is making significant strides towards better use of technology to facilitate honest taxpayers and crack down on tax evaders”, said the Finance Minister while adding that putting forward another step in the same direction, a new mobile app will also be released soon under the ‘Bill Liao, Inam Pao’ scheme.

The Finance Minister said that the previous government remained dependent on GST compensation only and did not take required steps to increase its revenue. He said that the Chief Minister Bhagwant Mann led Punjab government is making all possible efforts to make the state economically self-reliant so as to ensure the bright future of the state.

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X

Like this:

Like Loading...

Related

Tags: brightpunjabexpressFinance MinisterGoods and Services TaxGST revenueHarpal Singh CheemaPunjabgovernment

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Jai Singh

Jai Singh

May 2025
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Apr    

Browse by Category

  • Abohar
  • Ambala
  • Amritsar
  • Anandpur Sahib
  • Baba Bakala
  • Barnala
  • Batala
  • Bathinda
  • Beas
  • Budhlada
  • Business
  • Business
  • Chamkaur Sahib
  • Chandigarh
  • Cities
  • Comment
  • Coronavirus
  • Delhi
  • Dera Baba Nanak
  • Derabassi
  • Dhuri
  • Diaspora
  • Dinanagar
  • Dirba
  • Editorials
  • Entertainment
  • Epaper
  • Faridkot
  • Fatehgarh Sahib
  • Fazilka
  • Ferozepur
  • Gurdaspur
  • Haryana
  • Health
  • Himachal
  • Hoshiarpur
  • Hot Topics
  • Hussainiwala
  • J & K
  • Jagroan
  • Jalalabad
  • Jalandhar
  • Jammu
  • Kapurthala
  • Khadoor Sahib
  • Khanna
  • Khatkar Kalan
  • Kila Raipur
  • Kotkapura
  • Lambi
  • Lehragaga
  • Lifestyle
  • Ludhiana
  • Machhiwara
  • Malerkotla
  • Malout
  • Mandi Gobindgarh
  • Mansa
  • Moga
  • Mohali
  • Morinda
  • Most Read
  • Mukerian
  • Muktsar
  • Mullanpur Dakha
  • Mumbai
  • Musings
  • Nabha
  • Naina Devi
  • Nangal
  • Nation
  • Nawanshahar
  • Nawanshahr
  • Nawanshehar
  • News
  • Opinion
  • Panchkula
  • Pathankot
  • Patiala
  • Patti
  • Phagwara
  • Politics
  • politics over farm
  • Punjab
  • Rajpura
  • Review
  • Rupnagar
  • Samana
  • Samrala
  • Sangrur
  • Sardulgarh
  • SAS Nagar
  • Science
  • Shaheed Bhagat Singh Nagar
  • Shahkot
  • Shimla
  • Sports
  • Sports
  • Sri Anandpur Sahib
  • Sri Muktsar Sahib
  • States
  • Sultanpur Lodhi
  • Sunam
  • Tarn Taran
  • Technology News
  • Top Stories
  • Uncategorized
  • Uttarakhand
  • World
  • World
  • Zira
  • Home
  • CONTACT US
  • e-paper
  • Top Stories
  • Punjab
  • Coronavirus
  • Nation
  • Chandigarh
  • World
  • Sports
  • Entertainment
  • e-paper 2023
  • e-paper 2024
  • e-paper 2025

© 2022 Bright Punjab Express Powered by Jai Singh +91-9781-947063.

No Result
View All Result
  • Home
  • CONTACT US
  • e-paper
    • E-Paper (2018)
    • E-Paper (2019)
    • E-Paper (2020)
    • E-Paper (2021)
    • e-paper 2022
    • e-paper 2023
    • e-paper 2024
    • e-paper 2025
  • Top Stories
  • Punjab
  • Coronavirus
  • Nation
  • Chandigarh
  • World
  • Sports
  • Entertainment
  • e-paper 2023
  • e-paper 2024
  • e-paper 2025

© 2022 Bright Punjab Express Powered by Jai Singh +91-9781-947063.

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Open chat
1
Need Help ?
WhatsApp
“How Can I Help You?”
%d