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Indian State

Punjab

Punjab · Northern region · IN-PB

Population 2011
2,77,43,338
Area
50,362 km²
Primary capital
Chandigarh
Budget 2026-27
₹2,60,437 Cr
Formed
1 November 1966
General Info
Capital
Largest city
Ludhiana
Region
Northern
Demonym
Punjabi
Type
State
ISO code
IN-PB
Vehicle code
PB
High court
Punjab and Haryana High Court
Languages
Punjabi
Representation
Lok Sabha seats
13
General 9SC 4
Rajya Sabha seats
7
Lower house
Punjab Legislative Assembly
117 seats
Legislature structure
Unicameral
Current Officeholders
Elections

Recent election results

All state elections
Latest Budget

Punjab Budget 2026-27

Total budget
₹2,60,437 Cr
Net expenditure
₹1,66,711 Cr
Capital expenditure
₹18,381 Cr
7.1% of total
Fiscal deficit
₹39,971 Cr
4.1% of GSDP
Debt / GSDP
45.1%
₹4,42,266 Cr outstanding debt
Freebies
₹24,850 Cr
9.5% of total
Capex / freebies
0.74x

Punjab Budget 2026-27 figures are recorded from PRS state budget analysis. PRS reports net expenditure excluding debt repayment separately where available.

Tourism · calendar year 2024

Tourist visits in Punjab

Reported visit events from the State/UT tourism department—not unique visitors. One person or trip can generate more than one visit.

Compare all States and UTs
Domestic tourist visits
2,77,45,183
Domestic rank
#16 of 36
Foreign tourist visits
5,41,784
Foreign rank
#10 of 36
Centre-state finances

Tax devolution to Punjab

Latest dated advance instalment and FY 2026-27 Budget Estimate. The instalment is part of the annual flow, not an additional annual entitlement.

Compare all states
Advance released 1 Aug 2026
₹2,176 Cr
Share of latest release
2.0%
FC-16 horizontal share
2.0%
FY 2026-27 Budget Estimate
₹30,464.05 Cr