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Tag Archives: GST collections

GST collections up 7.3pc at ₹1.77 lakh crore in December 2024

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 1, 2025 India’s Goods and Services Tax (GST) collections surged by 7.3% year-on-year to reach ₹1.77 lakh crore in December 2024, as per government data released on Wednesday. This increase reflects sustained economic momentum and robust compliance trends across the country. Breaking down the components of the December GST collections, Central GST (CGST) accounted for ...

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GST collections surge to Rs 1.78 lakh crore in March, second highest since roll-out

New Delhi, April 1, 2024 (TBB Bureau): The Finance Ministry on Monday said that GST collections for March soared to Rs 1.78 lakh crore, marking an impressive 11.5 percent growth driven by robust domestic transactions. For the fiscal year spanning from April 2023 to March 2024 (FY24), gross GST collection reached a commendable Rs 20.18 lakh crore, reflecting a notable ...

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