Chandigarh: Punjab Finance, Planning, Excise and Taxation Minister Advocate Harpal Singh Cheema on Sunday announced that Punjab has registered an exceptional 28.29 per cent growth in State Goods and Services Tax (SGST) cash collections during October 2026, compared with approximately 14 per cent growth in SGST collections at the national level, highlighting the State Government’s sustained efforts towards strengthening revenue mobilisation, improving tax compliance and curbing tax evasion.
Disclosing the latest collection figures, Finance Minister Harpal Singh Cheema said, “Punjab’s SGST cash collections increased from ₹803.07 crore in October 2025 to ₹1,030.29 crore in October 2026, registering an additional collection of ₹227.22 crore and a remarkable growth of 28.29 per cent.*
The Finance Minister further disclosed that Punjab’s gross GST collections during October 2026 reached ₹2,716.60 crore, compared with ₹2,393.22 crore during October 2025, registering an increase of ₹323.38 crore and growth of approximately 14 per cent.
Cheema said that the encouraging growth across GST, VAT and CST reflects the Punjab Government’s comprehensive approach towards strengthening revenue mobilisation across all major tax streams through improved monitoring, better compliance and effective administrative measures.
He added that sustained growth in tax collections would further strengthen Punjab’s financial capacity to fund public welfare programmes, infrastructure development, healthcare, education and other essential services for the people of the State.