Gross GST collections double in five years to hit record ₹22.08 lakh crore in FY25:

Gross GST collections double in five years to hit record ₹22.08 lakh crore in FY25:

Daily Current Affairs   /   Gross GST collections double in five years to hit record ₹22.08 lakh crore in FY25:

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Category : Business and economics Published on: July 02 2025

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India’s gross GST collections surged to a record ₹22.08 lakh crore in FY 2024–25, reflecting a 100% increase from FY21’s ₹11.37 lakh crore. This 9.4% YoY rise also marks the highest-ever collection since the GST regime began in 2017, signifying robust economic compliance and tax base expansion.

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