02-May-2025      08:58

GST collection spikes around 20% on monthly basis

India's Goods and Services Tax (GST) collection spiked 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April. The GST collection was Rs 2.10 lakh crore in April 2024 -- the second highest collection ever since the roll-out of the indirect tax regime on July 1, 2017. In March 2025, the collection was Rs 1.96 lakh crore, thereby leading to around 20% surge in tax collection on monthly basis.

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