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Gross GST collections double in five years
Orissa POST
|July 01, 2025
India's Goods and Services Tax collections have doubled in the past five years, reaching a record ₹22.08 lakh crore in FY25, a 9.4 per cent year-on-year growth. The average monthly GST collection in FY25 stood at ₹1.84 lakh crore. Since its launch in 2017, GST has seen consistent growth, with registered taxpayers rising over 1.51 crore
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Gross GST collections doubled in five years to reach an all-time high of ₹22.08 lakh crore in the 2024-25 fiscal years, from ₹11.37 lakh crore in FY21, government data showed Monday.
The gross goods and services tax (GST) collections touched its highest-ever level of ₹22.08 lakh crore in 2024-25, registering a 9.4 per cent growth over the previous fiscal year.
This story is from the July 01, 2025 edition of Orissa POST.
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