Haryana Sees Significant Growth in State GST Revenue

1775146212352.webp
Chandigarh, April 2 Haryana recorded a 22 per cent growth in gross State GST (post-settlement) revenue in the 2025-26 financial year, the highest among all states, an official spokesperson said on Thursday.

The national average growth in SGST revenues stood at 6 per cent during the same period, the spokesperson said.

The state's gross SGST collection (post-settlement) rose to Rs 48,289 crore in FY26, up Rs 8,546 crore from the previous financial year.

With sustained growth, Haryana improved its rank to sixth in the country in SGST collections in FY26 from ninth in FY25, surpassing states like Telangana, West Bengal, and Rajasthan, the spokesperson added.

The number of registered GST taxpayers in the state reached 6,30,818 as of April 1, 2026, marking a 12 per cent increase over the previous year.

The spokesperson said the growth momentum continued after GST rate rationalisation reforms undertaken by the GST Council in September 2025, reflecting improved tax administration and economic activity in the state.

Chief Minister Nayab Singh had welcomed the reforms and thanked Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman.

The reforms were also marked through 'GST Bachat Utsav' across districts, the spokesperson said.

He added that the state government is focusing on strengthening tax administration and has announced reforms in the FY27 budget to improve taxpayer interface and curb tax evasion.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Tags Tags
economic activity financial year 2025-26 fy27 budget gross state gst (gsgst) gst council gst rate rationalisation gst reforms haryana narendra modi nayab singh nirmala sitharaman state finances state revenue tax administration tax evasion taxpayer registration
Back
Top