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Net GST collection rises only 3.3%
July 02, 2025
|The New Indian Express Shivamogga
Slow revenue growth primarily because of subdued mop-up from domestic transactions
AFTER showing stellar rise in April and May, the GST revenue growth dropped to low single digit in June, primarily due to subdued mop-up from domestic transactions, indicating moderation in economic activities.
The gross GST revenue showed a growth of 6.2% to ₹1.85 lakh crore in June 2025 as against ₹1.74 lakh crore a year ago. Gross collections from domestic transactions—which account for 75% of the monthly collections—grew by only 4.6% during the month. Collections from imports/exports rose by 11.4%, bringing some semblance of respectability. The net GST collection during the month was even worse, growing at 3.3% to ₹1.59 lakh crore, as refunds grew by 28.5%.
هذه القصة من طبعة July 02, 2025 من The New Indian Express Shivamogga.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Shivamogga
The New Indian Express Shivamogga
9.8K of total 31K beggars rescued since '23, House told
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1 mins
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The New Indian Express Shivamogga
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1 min
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1 min
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UP ATS arrests Navy officer from Agra for spying for ISI
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1 min
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THAILAND'S FRAGILE STABILITY
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3 mins
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