Wednesday 4 June 2025
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Economy

Indias largest source of foreign direct investment (FDI)

♦ Singapore continued to be India's largest source of foreign direct investment (FDI) for the last seven years, as the country received the highest inflows of about $15 billion in 2024-25.

♦ The overseas inflow grew 13 percent to $50 billion in the last fiscal. 

♦ The total FDI, which includes equity inflows, reinvested earnings and other capital, grew by 14 percent to $81.04 billion during the last financial year.

♦ It is the highest in the last three years. 

♦ FDI from Singapore in 2024-25 increased to $14.94 billion from $11.77 billion in 2023-24, according to the latest government data.

♦ Singapore accounted for around 19 percent of total inflows in 2024-25.

Posted Date: June 1, 2025

Economy

Indias gross Goods and Services Tax (GST) collection for May 2025

♦ India’s gross Goods and Services Tax (GST) collection for May 2025 stood at Rs.2.01 lakh crore, registering a 16.4 percent increase over the Rs.1.72 lakh crore collected in May 2024, data released by the Ministry of Finance on 1 June 2025.

♦ In April 2025, India's GST collections had surged by 12.6 percent to an all-time high of Rs.2.37 lakh crore.

♦ The year-on-year growth was driven by a 25.2 percent increase in GST collected from imports and a 13.7 percent rise from domestic transactions.

♦ Gross GST revenue from imports stood at Rs.51,266 crore, while domestic sources contributed Rs.1,49,785 crore.

♦ In 2025 May, the gross Central GST revenues stood at Rs.35,434 crore, State GST revenues at Rs.43,902 crore and Integrated GST at about Rs.1.09 lakh crore.

♦ Revenues from Cess was at Rs.12,879 crore.

Posted Date: June 1, 2025

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