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Strong economic growth in Q4 of FY25 due to rise in net indirect taxes
The Sunday Guardian
|June 01, 2025
India's economy recorded strong growth in the fourth quarter of FY25, mainly due to a sharp rise in net indirect taxes, stated a report by the State Bank of India.
The report stated that India's GDP grew by 7.4 per cent in Q4 FY25. This growth came as a pleasant surprise and was higher than expected, supported by a 12.7 per cent increase in net indirect taxes.
The jump in tax collections significantly contributed to the overall expansion in economic activity during the quarter.
It said, "Q4 throws a pleasant surprise at 7.4 per cent buoyed by growth in net indirect taxes."
Diese Geschichte stammt aus der June 01, 2025-Ausgabe von The Sunday Guardian.
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