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CAG report 2022 reveals 22% reduction in land revenue, excise down by 1.57%

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Dinkle Popli
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CAG report 2022 reveals 22% reduction in land revenue, excise down by 1.57%
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Chandigarh, January 5: Major revelations became known with CAG report 2022, as the statistical data confirms that Punjab’s land revenue has dropped by 22%. While the chief Minister Bhagwant Mann led Punjab Government claims to have achieved budget targets, CAG reports that Punjab has recorded decline in GST collection too in comparison with last year .

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The Punjab government has earned 35569.29 crores in tax revenue this year as compared to 30034.29 crores last year, which is 5535 crores as compared to last year. The government has earned 2935.66 crores from non-tax revenue, in this way there has been an increase of 20 percent in the income from non-tax revenue. The Punjab government has set a target of earning 119913.44 crores this year, while the government has earned 69911.95 crores in 8 months i.e. till November.




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The Punjab government, which has earned less in the last 8 months from GST than last year, the government has earned 11954 crores from GST from April 22 to November 2022, which is 59.78 percent of the previous year. It is 58.17 percent as compared to last year, which means the government has earned 1.61 percent compared to last year.

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