Referring to the tax intelligence unit (TIU) and other technical and administrative reforms, Punjab finance and excise and taxation minister Harpal Singh Cheema said that there has been an increase of 36.07% in the revenue received from GST during July this year as compared to July 2022.
Punjab finance and taxation minister Harpal Singh Cheema said that the digital technologies adopted by the newly set up Tax Intelligence Unit (TIU) were proving to assist the tax authorities to drive better enforcement, increasing the tax base, and plugging leakages
The Punjab Government has decided to double the 'war jagir' from ?10,000 to ?20,000 per annum for parents of soldiers who served in World War II and other wars. The finance minister stated the current amount is insignificant under current inflation levels.
The excise department in Punjab, India has started issuing a list of maximum retail prices for liquor along with permits for private functions to prevent people being ripped off by the "liquor mafia". The permits only allow the applicant to serve liquor to private guests, and no quantity can be sold to anyone for consideration. Finance, excise and taxation minister Harpal Singh Cheema said the measure would encourage people to buy liquor from licensed shops and discourage illegal trade.