GST On Alcohol

The projected revenue from alcohol estimated at the time of presenting the Budget constituted around 20 per cent of the state's expected own tax revenue and 15 per cent of its total receipts.

At 40 per cent, Punjab has the worst debt to gross domestic product ratio (GDP) among larger states

The state government has decided to announce a relief package for farmers who were not able to market their produce

Punjab would like to help the Centre in any way possible to deal with the coronavirus disease (Covid-19) pandemic, said state Finance Minister Manpreet Singh Badal

Raising liquor taxes - which bring in nearly 25 percent of revenue - is the most likely option as state governments are unlikely to borrow and worsen their debt to GDP ratios

Additional solicitor-general says extra-neutral alcohol liable to new tax

VAT as applicable in states should be charged separately on alcohol served at restaurants