Goods and Services Tax (GST) collections

♦ Goods and Services Tax (GST) collections for the month of January 2025 touched Rs.1.96 lakh crore, an increase of 12.3% year-on-year basis. For the previous month, India's GST collections rose 7.3% to Rs.1.77 lakh crore in December compared to the previous year (2024).

♦ Central GST collections stood at Rs.36,100 crore while states was at Rs.44,900 crore. Additionally, for this month (January 2025), integrated GST collections remained at Rs.1.01 lakh crore. Furthermore, GST cess collections was reported at Rs.13,400 crore.

Economy