Reaffirming Punjab’s strong fiscal performance, Finance, Excise and Taxation Minister Advocate Harpal Singh Cheema announced on Monday that the state recorded a robust 14.59 per cent growth in Goods and Services Tax (GST) collections during May 2026.
The Supreme Court on Wednesday upheld the retrospective levy of 28 per cent GST on online gaming bets, holding that the tax was constitutionally valid and did not violate the constitutional framework governing Goods and Services Tax.
The gross GST collection spiked by 8.7 per cent in April to a record of about Rs 2.43 trillion, government data showed.
The report also identifies key structural challenges constraining India's global competitiveness — fragmented state-led branding, limited global marketing outreach, lack of experience-led packaging, and ease-of-travel barriers including connectivity and visa processes.
The Delhi government moves to reset GST operations with large-scale transfers after inspection highlights discipline issues, long postings and complaints from taxpayers over delays and inefficiencies.
“Several ministers and leaders went to different markets and interacted with shopkeepers and consumers, and what they found out was very exciting,” Patra told media persons while addressing a press conference here at the party headquarters.
This will encourage the domestic production of fertilizers as the fertilizer companies will save significantly on raw materials costs ensuring the timely availability of fertilizers.
The government’s sweeping reduction of goods and services tax rates, unveiled on the eve of the festive season, is more than a routine fiscal tweak.
Vaishnaw, who holds the ministries of Railways; Information and Broadcasting; Electronics and Information Technology, said in a press conference here that the entire nation is excited about the GST reforms brought in by the Narendra Modi government as they would end up saving a lot of money while buying stuff for daily use.
The GST reforms are set to strengthen the domestic tourism ecosystem, making it more affordable for middle-class and budget travellers.
