Try GOLD - Free
Net GST revenue growth slows to 1.7%
The New Indian Express Kannur
|August 02, 2025
AFTER a moderate performance in June, Goods and Services Tax (GST) revenue growth continued to slow in July 2025, with net collections rising only 1.7% year-on-year to ₹1.69 lakh crore.
AFTER a moderate performance in June, Goods and Services Tax (GST) revenue growth continued to slow in July 2025, with net collections rising only 1.7% year-on-year to ₹1.69 lakh crore. The subdued performance was largely due to stagnant revenue from domestic transactions, even as revenue from imports showed double-digit growth.
The gross GST revenue in July stood at ₹1.96 lakh crore, up 7.5% from ₹1.82 lakh crore collected in the same month last year. However, after adjusting for refunds, net GST revenue came in at ₹1,68,588 crore, marginally higher than ₹1,65,800 crore collected in July 2024.
This story is from the August 02, 2025 edition of The New Indian Express Kannur.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Kannur
The New Indian Express Kannur
ADDRESS 'EMBEDDED TAXES' THAT INFLATE HEALTHCARE COSTS
NDIA'S Union Budget 2026-27 holds significant promise, given the slew of reforms in 2025 such as the New Labour Code and Goods and Services Tax (GST) rationalisation.
2 mins
January 06, 2026
The New Indian Express Kannur
Fake snakes used to snatch chains, 36 women held
A shocking revelation from Gorakhpur had the district police uncovering a gang engaged in chain snatching by using fake snakes, scorpions, and lizards to terrify their victims.
1 mins
January 06, 2026
The New Indian Express Kannur
India urges nationals in Tehran to exercise caution as protests spread
INDIA on Monday advised its nationals in Iran to exercise due caution and avoid nonessential travel amid a widening wave of protests triggered by the country's worsening economic situation.
1 mins
January 06, 2026
The New Indian Express Kannur
TRANQUILLISER DART FOR MAN-EATER GUJ FOREST SPOTTER, KILLS HIM
TRAGEDY struck twice within 24 hours in Gujarat's Junagadh district after a tranquilliser dart meant for a man-eater lioness accidentally hit a forest tracker who was part of a team to trap the animal, killing him on Monday.
1 min
January 06, 2026
The New Indian Express Kannur
J&K should be integral part of India: UK MP
MAKING a strong and unequivocal statement on Jammu and Kashmir, senior British MP Bob Blackman asserted that the entire region should be an integral part of India.
1 min
January 06, 2026
The New Indian Express Kannur
India needs $100 bn to meet gap in Himalaya climate funding: Report
INDIA'S Himalayan region requires approximately $102 billion per year to address adaptation and mitigation costs associated with climate change, according to a synthesis report from the International Centre for Integrated Mountain Development (ICIMOD).
1 mins
January 06, 2026
The New Indian Express Kannur
'PATIENTS USUALLY PRESCRIBED TWO DRUGS'
DOCTORS usually prescribe two anti-platelet drugs to ensure patients with stents do not suffer stent thrombosis, says Dr Harikrishnan S, professor and HOD of cardiology department at Sree Chitra Tirunal Institute for Medical Sciences and Technology, Kerala, in an interview with Unnikrishnan S. Edited excerpts:
1 min
January 06, 2026
The New Indian Express Kannur
'Fake' IAS officer, who tried to clear exam 4 times, held in Palamu
A man, who had been posing as a senior IAS officer for the last seven years, has been arrested in Jharkhand’s Palamu.
1 min
January 06, 2026
The New Indian Express Kannur
State of affairs: '85% fail to get psychiatric care'
NEARLY 85% of people in India suffering from psychiatric disorders do not receive timely or appropriate care, mental health experts said.
2 mins
January 06, 2026
The New Indian Express Kannur
Remarks on women of bihar land MLA’s husband in deep soup
THE Jamshedpur Civil Court on Monday received a complaint against Girdhari Lal Sahu, husband of the MLA from the Someshwar Assembly constituency in Uttarakhand, for using objectionable and derogatory remarks about the women of Bihar.
1 min
January 06, 2026
Listen
Translate
Change font size