New Delhi, April 1, 2025 – India’s Goods and Services Tax (GST) collections for March 2025 recorded an impressive 9.9% year-over-year increase, reaching ₹1.96 lakh crore. This surge marks one of the highest monthly collections in the history of GST implementation, highlighting a strong economic recovery and improved tax compliance.
According to data released by the Ministry of Finance, the growth was primarily driven by increased domestic revenue sources and improved tax administration. The breakdown of collections includes:
- Central GST (CGST): ₹38,100 crore
- State GST (SGST): ₹49,900 crore
- Integrated GST (IGST): ₹95,900 crore (including ₹43,600 crore collected on imports)
- GST Cess: ₹12,300 crore (including ₹1,100 crore collected on imports)
The Ministry credited the growth to rising consumer demand, digitization efforts, and stricter enforcement measures against tax evasion. The increased collections also indicate positive business sentiment and economic expansion across various sectors.
This performance sets a strong precedent for the upcoming fiscal year, reinforcing expectations of continued revenue growth and stability in India’s tax ecosystem. Experts believe that sustained GST collection growth will aid in fiscal consolidation and provide the government with the necessary funds to support infrastructure and social welfare initiatives.
Stay tuned for further updates on India’s economic landscape and policy developments.