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Key Points

In May 2025, India's GST collections reached an impressive Rs 2.01 lakh crore, marking a 16.4% increase compared to the previous year. This growth underscores robust domestic consumption and highlights the buoyancy in import activity, contributing to the positive fiscal outlook. The upward trajectory reflects the country's resilience and recovery efforts amidst global uncertainties. The recent GST collections point to a promising path for India's economic health and stability going forward.

Key Points: India's GST Collections Surge 16.4% to Rs 2.01 Lakh Crore

  • GST rose to Rs 2.01 lakh crore in May 2025
  • Growth of 16.4% compared to May 2024
  • Strong domestic consumption and imports drive increase
  • Economic resilience amidst global uncertainties
2 min read

GST collections in May 2025 up 16.4% to Rs 2.01 lakh crore

In May 2025, India's GST collections surged to Rs 2.01 lakh crore, showcasing a 16.4% growth.

"The figures bode well for the country's fiscal health and economic recovery efforts. - Official Source"

New Delhi, June 1

The gross Goods and Services Tax (GST) collection rose 16.4 per cent to Rs 201,050 crore, according to official data released on Sunday.

In May 2024, the collections were to the tune of Rs 172,739 crore.

In the month of May, collections of CGST, SGST, IGST, and cess all rose year-on-year.

So far in April-May 2025-26, the GST collections were at Rs 437,767 crore, up 14.3 per cent from Rs 383,006 crore in the same period last year.

GST collection in 2024-25 stood at Rs 22 lakh crore, up 9.4 per cent year-on-year.

During the financial year 2023-24, the total gross GST collection was recorded at Rs 20.18 lakh crore, with an 11.7 per cent increase.

The recent GST collections reflect a positive trajectory for India's economy, underscoring robust domestic consumption and buoyant import activity. The figures bode well for the country's fiscal health and economic recovery efforts, signalling resilience amidst global uncertainties.

The Goods and Services Tax was introduced in the country with effect from July 1, 2017, and states were assured compensation for loss of any revenue arising on account of the implementation of GST as per the provisions of the GST (Compensation to States) Act, 2017 for five years.

Hair oil, toothpaste, soap; detergents and washing powder; wheat; rice; curd, lassi, buttermilk; wristwatches; TV up to 32 inches; refrigerators; washing machines, mobile phones, are among key items on which GST rates have been slashed substantially, or for some kept at zero, benefiting people of this country.

The GST Council, a federal body comprising the Union Finance Minister as its Chairman and Finance Ministers of all States as members, has played its part in the forum.

The latest meeting of the GST Council was held on December 21 at Jaisalmer, Rajasthan.

- ANI

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Reader Comments

R
Rajesh K.
Good to see GST collections growing steadily! This shows our economy is on the right track. But I hope the government uses this money wisely - we need better roads and healthcare facilities in smaller towns. The tax cuts on essentials are a relief for middle-class families like mine.
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Priya M.
₹2 lakh crore collection is impressive! 👏 But as a small business owner, I still find GST compliance quite complicated. The government should simplify the filing process further. The rate cuts on daily items are helpful though - my kirana store customers appreciate it.
A
Amit S.
While the numbers look good, I wonder how much of this is due to inflation? Prices of everything have gone up so naturally tax collections would increase. The real test is whether this growth is sustainable in the long run.
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Sunita R.
The GST Council deserves credit for balancing central and state interests. Reducing rates on essentials was a smart move - it helps control inflation while keeping collections healthy. More such consumer-friendly decisions please! 🙏
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Vikram J.
As a CA, I've seen GST evolve since 2017. The system has improved but still needs work. The rising collections show more businesses are coming into the formal economy - that's the real achievement. Next target should be reducing tax evasion further.
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Neha P.
The growth is good but I hope states get their fair share. Many states are struggling with finances post-COVID. Also, when will we see GST rate rationalization? Too many slabs create confusion. Simplify to 3 slabs maximum!

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