Gross GST Revenue Jumps 16.4% in May 2025, Hits Rs 2.01 Lakh Crore Mark

Gross GST revenue for May 2025 reached Rs 2.01 lakh crore, a significant 16.4% year-on-year increase, signaling robust economic activity and improved tax compliance. This marks a continued positive trend in GST collections, reflecting a healthy growth in domestic transactions and imports. The average monthly gross GST collection for FY 2024-25 stands at Rs 1.74 lakh crore, surpassing the previous fiscal year's average. This consistent growth underscores the effectiveness of GST implementation and the government's efforts in tax administration. The positive revenue figures provide crucial fiscal space for government spending and development initiatives, contributing to overall economic stability and growth projections. This sustained performance is vital for national financial health.