{"id":5842,"date":"2024-06-14T02:15:32","date_gmt":"2024-06-14T02:15:32","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=5842"},"modified":"2024-06-14T02:15:32","modified_gmt":"2024-06-14T02:15:32","slug":"punjab-records-79-28-growth-in-excise-gst-revenue-during-june-23","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-records-79-28-growth-in-excise-gst-revenue-during-june-23\/","title":{"rendered":"Punjab records 79%, 28% growth in Excise, GST revenue during June 23"},"content":{"rendered":"

The state of Punjab has gained a substantial increase of 79 percent, and 27.87 percent in the Excise and Good and Services<\/a> Tax (GST) revenue, respectively, during June 2023 as compared to June 2022.<\/p>\n<\/p>\n

Sharing this, the state Finance, Planning, Excise and Minister Harpal Singh Cheema on Monday said that the current State Government<\/a> has broken its own records by registering a 29.66 percent increase in revenue collection from Excise, GST, VAT, CST and PSDT during the month of June this year, and an aggregate increase of 25 percent during the first quarter of the fiscal year 2023-24 as compared to the same period of FY 2022-23.<\/p>\n<\/p>\n

The total revenue from Excise during June 2023 was 663.97 crores as against the Excise collection of Rs 370.93 crores during June last year, registering a significant increase of Rs 293.04 crores. The revenue from GST has also reflected an increase of Rs 338. 42 crores with GST collection of 1552.66 crores in June 2023 as against a collection of Rs 1214.24 crores in June 2022, he said.<\/p>\n<\/p>\n

Expressing happiness over Punjabs continuous stability on the Growth<\/a> trajectory, Cheema said that the state has not only shown growth during the month of June this year but also registered an increase of Rs 1848.66 crores in revenue from Excise, GST, VAT, CST and PSDT during the first quarter of 2023-24.<\/p>\n","protected":false},"excerpt":{"rendered":"

The state of Punjab has gained a substantial increase of 79 percent, and 27.87 percent in the Excise and Good and Services Tax (GST) revenue, respectively, during June 2023 as compared to June 2022. Sharing this, the state Finance, Planning, Excise and Minister Harpal Singh Cheema on Monday said that the current State Government has … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[656],"class_list":["post-5842","post","type-post","status-publish","format-standard","hentry","category-punjab","tag-04-07-23"],"yoast_head":"\nPunjab records 79%, 28% growth in Excise, GST revenue during June 23 - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/punjab-records-79-28-growth-in-excise-gst-revenue-during-june-23\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab records 79%, 28% growth in Excise, GST revenue during June 23\" \/>\n<meta property=\"og:description\" content=\"The state of Punjab has gained a substantial increase of 79 percent, and 27.87 percent in the Excise and Good and Services Tax (GST) revenue, respectively, during June 2023 as compared to June 2022. Sharing this, the state Finance, Planning, Excise and Minister Harpal Singh Cheema on Monday said that the current State Government has ... 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Sharing this, the state Finance, Planning, Excise and Minister Harpal Singh Cheema on Monday said that the current State Government has ... 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