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.
KT Rama Rao had urged the weaver community in the state to initiate a postcard protest against the decision of the BJP government at the Centre to impose 5 per cent GST on all handloom products.
After the Centre imposed 5 per cent GST on unbranded labelled and pre-packaged food items weighing less than 25 kg in July, most of the companies are now packing their goods, in excess of 25 kg, in a single packet to be exempted from the tax levy.
Condemning the move, in a statement, the CM questioned the taxing of the sarais including Guru Gobind Singh NRI Niwas, Baba Deep Singh Niwas and Mata Bhag Kaur Niwas which are associated with the Golden Temple. They are meant for the accommodation of the devotees visiting the holy shrine and have always been an integral part of the gurdwara complex.
The BJP wants Congress interim president Sonia Gandhi to apologize and things may escalate when parliament meets on Monday.
Union Minister of State for Finance Pankaj Choudhary said that the GoM included ministers from states like Karnataka, Bihar, Kerala, Goa, Uttar Pradesh, Rajasthan, West Bengal. This GoM takes decisions unanimously.
