Punjab Cabinet Minister Harpal Singh Cheema has released key performance figures of the state’s Taxation and Excise Department, highlighting revenue growth over the past four years under the leadership of Chief Minister Bhagwant Mann.
Bhagwant Mann: Revenue Milestones Shared by Cabinet Minister Harpal Singh Cheema
According to the data shared, the department has collected ₹37,975 crore in total revenue during this period. Officials described this as a reflection of strengthened enforcement measures, improved compliance systems, and policy reforms introduced to streamline tax administration.
DON'T MISS
In the retail excise segment, the government is progressing toward achieving a target of ₹11,500 crore, signalling what it termed as improved monitoring and transparency in the excise framework. Authorities said digitisation and tighter oversight have played a crucial role in boosting collections.
Meanwhile, the stamp and registration sector has contributed ₹19,515 crore to the state treasury so far, indicating steady activity in property transactions and enhanced revenue efficiency in documentation processes.
The minister emphasised that enhanced revenue mobilisation enables the state to fund welfare schemes, infrastructure projects, healthcare services, and education initiatives without increasing the financial burden on citizens. He reiterated the government’s commitment to transparency, fiscal discipline, and sustained economic growth in Punjab.
The minister emphasised that enhanced revenue mobilisation
Officials added that consistent monitoring and data-driven audits have helped plug revenue leakages and strengthen compliance across sectors. The integration of digital payment systems and online documentation has reduced manual intervention, thereby improving transparency and efficiency in tax collection.
The minister noted that improved revenue performance provides the government with greater fiscal space to invest in public infrastructure, rural development, and social welfare initiatives. Enhanced collections are also expected to support capital expenditure projects aimed at boosting long-term economic growth in the state.
Department sources said enforcement teams have intensified inspections to curb tax evasion and illegal trade practices. Special drives and inter-departmental coordination have contributed to better regulatory oversight, particularly in the excise sector.
Reaffirming the administration’s focus on accountability, Cheema stated that sustained reforms and strict compliance mechanisms will continue in the coming years. He expressed confidence that ongoing policy measures will help Punjab achieve higher revenue targets while maintaining financial prudence and stability.
