Finance and Economy News

GST Collections Hit Record Rs 2.4 Lakh Crore in April

April GST Revenue Surges to Historic Record

India’s gross Goods and Services Tax (GST) collections soared to a record ₹2.4 lakh crore in April 2025, marking the highest monthly collection since the introduction of GST. This represents a significant jump from the ₹1.96 lakh crore collected in March, reflecting a robust uptick in economic activity and tax compliance. According to data released by the Union government on May 1, the pace of growth stood at 12.6 percent, the fastest in 17 months, signaling heightened consumption and business transactions across key sectors.

  • Gross GST collections in April hit ₹2.4 lakh crore, a new all-time high.

  • This marks a sharp rise from ₹1.96 lakh crore in March 2025.

  • Year-on-year growth of 12.6% is the highest recorded in 17 months.

  • The surge is attributed to increased consumption and compliance.

Quarterly GST Performance Also Hits New Milestone

The April performance builds upon a strong quarterly trend, as gross GST collections during the final quarter of FY25 stood at ₹5.75 lakh crore, setting a new quarterly record. This robust figure was largely driven by resilient consumption patterns and improved tax administration. The quarterly growth rate of 10.4 percent was the fastest in the past year, outpacing the 8.3 percent growth seen in the preceding quarter, highlighting an ongoing upward trajectory in revenue mobilisation.

  • Q4 FY25 GST collections totalled ₹5.75 lakh crore, the highest ever for a quarter.

  • Quarterly growth rate of 10.4% surpassed Q3 FY25 growth of 8.3%.

  • Strong momentum points to sustained consumption and economic resilience.

Collections Consistently Stay Above ₹1.8 Lakh Crore Mark

April also marked the fourth consecutive month that gross GST revenue collections have remained above ₹1.8 lakh crore, underscoring the structural stability of the tax ecosystem. The consistent monthly collections over this benchmark demonstrate a maturing indirect tax regime supported by expanding compliance, digitisation, and broader economic recovery trends. The continuous uptick may further enhance fiscal space for both the Centre and states in the ongoing fiscal year.

  • GST revenue has exceeded ₹1.8 lakh crore for four straight months.

  • This consistency highlights resilient tax administration and broad-based recovery.

  • Improved digitisation and compliance are key contributors to this trend.

Sourabh Sharma

Sourabh loves writing about finance and market news. He has a good understanding of IPOs and enjoys covering the latest updates from the stock market. His goal is to share useful and easy-to-read news that helps readers stay informed.

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Sourabh Sharma

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