Record GST collection reflects the strength of economy: Sitharaman
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New Delhi:
Finance Minister Nirmala Sitharaman said on Thursday that the arrival of the Goods and Services Tax (GST) collection in April reflects the strength of the Indian economy and the effectiveness of the cooperative federalism. According to the government data, the total GST collection increased by 12.6 percent on a annual basis in April to reach the highest level of about Rs 2.37 lakh crore. It may be noted that in April 2024 it was Rs 2.10 lakh crore.
The trust of taxpayers gave progress to the nation
Finance Minister Nirmala Sitharaman has congratulated by writing a post on the social media platform X. He wrote that, “Deep gratitude towards taxpayers, whose contribution and confidence in the GST structure has accelerated the progress of the nation. Their contribution shows a shared commitment to the creation of a developed India. Congratulations and heartfelt greetings to the devoted efforts of all the finance ministers and state GST authorities, which remain equal partners in India’s GST structure.
Gross GST collections for April 2025 Study at ₹ 2.36 Lakh Crore, Marking a 12.6% Increase Over the Gross Collection of ₹ 2.10 Lakh Crore in April 2024.
Net GST collections for the April 2025 reacted ₹ 2.09 lakh Crore, reflecting a 9.1% growth compared to the net collection of…
– Nirmala Sitharaman (@NSITHARAMAN) May 1, 2025
Pure GST collection reached 2 lakh crores
The Finance Minister also released data in his post. Giving information about the data in his post, he wrote that, “The gross GST collection for April 2025 was ₹ 2.36 lakh crore, which shows an increase of 12.6% compared to the gross collection of ₹ 2.10 lakh crore of April 2024. The net GST collection for April 2025 reaches ₹ 2.09 lakh crore, which reaches ₹ 1.92 lakhs of April 2024 to ₹ 1.92 million. Is.” Various types of reactions are coming on the post of Finance Minister. People have to say that the Finance Minister should put the GST collection in the interest of the people of the country.
(This news has not been edited by the NDTV team. It has been published directly from the syndicate feed.)