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."
यह कहानी The Sunday Guardian के June 01, 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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