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Punjab suffered 1.11 lakh cr loss after GST implementation, says FM Cheema

Summary by NewsDrum
Chandigarh, Sep 29 (PTI) Punjab incurred a loss of Rs 1.11 lakh crore in the past eight years following the implementation of Goods and Services Tax (GST), Finance Minister Harpal Singh Cheema said on Monday. Cheema was speaking in the House on the concluding day of the state Assembly session on the Punjab Goods and Services Tax (Amendment) Bill, 2025.Highlighting the adverse impact on Punjab, Cheema said the state's pre-GST revenue neutral rate…
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NewsDrum broke the news in on Monday, September 29, 2025.
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