https://www.taxtmi.com/news?id=48175 Punjab reported a pronounced increase in net Goods and Services Tax collections in June 2025 attributed to enhanced compliance through data-driven inspections and strengthened field enforcement. The State Intelligence and Preventive Unit uncovered schemes involving bogus billing and Input Tax Credit fraud and suspicious e-way bill generation, yielding substantial preliminary tax liabilities. Concurrently, the government outlined legacy debt repayment requirements, planned borrowings to meet redemption obligations, and investments in the Guarantee Redemption Fund and Consolidated Sinking Fund to bolster fiscal resilience. en-us Tue, 01 Jul 2025 19:31:04 +0530 Tue, 01 Jul 2025 19:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48175 Punjab reported a pronounced increase in net Goods and Services Tax collections in June 2025 attributed to enhanced compliance through data-driven inspections and strengthened field enforcement. The State Intelligence and Preventive Unit uncovered schemes involving bogus billing and Input Tax Credit fraud and suspicious e-way bill generation, yielding substantial preliminary tax liabilities. Concurrently, the government outlined legacy debt repayment requirements, planned borrowings to meet redemption obligations, and investments in the Guarantee Redemption Fund and Consolidated Sinking Fund to bolster fiscal resilience. News - Tue, 01 Jul 2025 19:31:04 +0530 https://www.taxtmi.com/news?id=48175