New Delhi, March 5 -- Punjab finance, excise and taxation minister Harpal Singh Cheema said on March 3, 2026 that Punjab has moved into the top three states in the country in revenue growth, attributing the change to higher own tax revenue and improved collections from excise, GST and stamp duty during the Aam Aadmi Party government's term.

Speaking at a press conference in Chandigarh, Cheema said the state's own tax revenue increased from Rs.37,327 crore in 2021-22 to Rs.57,919 crore in 2024-25. He said the ratio of own tax revenue to gross state domestic product rose from 6.39% to 7.15% over the same period, and described the shift as an outcome of tighter compliance and administrative changes.

Cheema presented excise receipts as a ke...