Business

India’s GST Collections Double in Five Years, Touch Record ₹22.8 Lakh Crore in FY 2024–25


India’s gross GST collections have doubled in just five years, reaching a historic high of ₹22.8 lakh crore in FY 2024–25, compared to ₹11.37 lakh crore in 2020–21. The average monthly GST collection now stands at ₹1.84 lakh crore, reflecting robust economic activity and improved compliance.