GST collection increased by 16 percent to 2.01 lakh -crores in May and crossed two lakh -crores for the second consecutive month

New -delhi, June 1 (IANS). The country’s collection of gross goods and services (GST) stood at Rs 2.01 Lakh Crore in May 2025, which shows a 16.4 percent increase of Rs 1.72 Lakh Crore in May 2024. This information was given in the data released by the Ministry of Finance on Sunday. This is the second consecutive month when GST income crossed the figure of Rs 2 Lakh -Crore, suggesting that economic activities in the country remain strong and that there is a stable increase in consumption. In April 2025, the GST collection reached a high of Rs 2,37 Lakh Crore, which increases 13 percent compared to March. During that time, there were reasons for the expiry and adaptation of the financial year, but the strong figures can show that this growth is not seasonal, but indicates economic strength. Pure GST income (Post -refund -amount) also increased by more than 20 percent to Rs 1.73 Lakh Crore. GST collection gained 13 percent from inside the country, while revenue -based revenue achieved a rapid increase of 25.7 percent. According to the Ministry of Finance, the total economy of India also moves at a stable rate. According to the data released on May 30, the country reached the target of the 6.5 percent growth rate for FY 2024-25. In the January to March quarter, the economy expanded with a rate of 7.4 percent, reflecting a strong return from the earlier recession. Improvement in consumption has also been observed, which is an important basis for the growth of the country. This again refurbished to a 5.6 percent increase in FY 2023-24. Durable consumers (such as home appliances and electronics) rose 6.4 percent in April, although it is slightly lower than the 6.9 percent increase in March. Statistics in April-May confirmed that economic activities are constantly improving and that tax collection is being reinforced. Better compliance and expansion in business operations is considered the main reason for this. -Ians DSC/EKD shares this story -tags