Punjab's tax revenues surged, with GST collection up 11.87%, outpacing the national average.

Punjab's net GST collection grew by 11.87% until January in the current fiscal year, exceeding the national average of 10%. The state also saw a 15.33% increase in excise and an 11.67% rise in overall taxes, including GST, excise, VAT, CST, and PSDT. Punjab is among the top three states surpassing the national growth rate in GST collection, with the Finance Minister crediting improved revenue collection efforts.

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