CHANDIGARH, Sept. 2 -- The Punjab government registered an 11.84% year-on-year growth in net GST revenue and recorded an 18.77% growth in state GST (SGST) cash collections, the highest among major states.

The figures were disclosed on Tuesday by finance minister Harpal Singh Cheema, who said that the state recorded a net GST revenue of Rs.2,406.33 crore in August 2026, a substantial increase from the Rs.2,151.63 crore collected in the corresponding period last year. This increase of Rs.254.70 crore translates to 11.84% growth, he said.

Highlighting the contribution of SGST cash collections, he said, "SGST cash collection increased from Rs.750.37 crore to Rs.891.24 crore. This jump of Rs.140.87 crore reflects an 18.77% growth, the highes...