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GST

Punjab records 14.59% growth in GST collections in May

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.

EY-FICCI Report Calls for GST Reduction to 9% for Premium Stays

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.

GST and Federalism

The SC may have correctly observed that in case it was intended to make the GST Council a decision-making authority, such a qualification would have been included in articles 246A or 279A. But to treat the GST legislations mechanically without considering their long and arduous journey through the maze of our treacherous political system over a period spanning more than three decades would be tantamount to severely undermining the promise held out by GST to transform India into a common market by supplanting our antiquated, multi-layered, multi-point, multi-tax system circumscribed by an odious Inspector Raj.