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मैगज़्टर गोल्ड के साथ असीमित हो जाओ

10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

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GST collections stay above ₹2 lakh cr in May

The New Indian Express Chennai

|

June 02, 2025

Gross GST revenue up 16.4%; robust mop-up for 2nd month in a row; double-digit growth in several large states

- DIPAK MONDAL @New Delhi

IF May GST collection—tax collected for April transactions—are anything to go by, India's economy started the financial year with a bang despite the disruptions caused by US president Donald Trump's threat of reciprocal tariffs.

Gross monthly GST collections in May rose by 16.5% to touch ₹2.01 lakh crore—only the third time since the indirect tax regime came into force in July 2017. Gross domestic revenue rose by 14% to ₹1.5 lakh crore, while revenue from imports increased by 25% to ₹51,000 crore.

Net GST revenues (after deducting refunds from gross collections) showed even better buoyancy as the same increased by 20.4% to ₹1.74 lakh crore. Total refunds contracted by 4% year-on-year.

The New Indian Express Chennai

यह कहानी The New Indian Express Chennai के June 02, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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