Punjab has recorded a historic turnaround in fiscal performance under the leadership of the Aam Aadmi Party (AAP) government, emerging among the top three states in the country for revenue growth, Finance Minister Harpal Singh Cheema announced today. Highlighting the state’s robust own-tax revenue, Cheema said, Punjab’s own tax collection has surged from Rs 37,327 crore in 2021-22 (6.39% of GSDP) to Rs 57,919 crore in 2024-25, accounting for 7.15 per cent of GSDP.
