Gst Collections News
The week in charts: GDP puzzle, GST hit, FDI inflows, slowing industrial production
In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.
4 min read6 Dec 2025India's gross GST collections rose to ₹1.7 trillion in November over lower tax rates
The November GST revenue growth of 0.7%—the year's slowest—before adjusting for tax refunds, also bears the brunt of the 25% additional tariff the US imposed on India from 27 August.
3 min read1 Dec 2025India's GST collections grow 4.6% to ₹1.96 trillion in October despite tax cuts
The Goods and Services Tax (GST) collections witnessed a 4.6% year-on-year (YoY) growth to ₹1.96 trillion in October 2025, despite the tax cuts rolled out by the central government's GST Council in September.
2 min read1 Nov 2025Centre, states collect gross GST receipts of ₹1.89 trillion in September
After refunds, net GST collections were ₹1.6 trillion, up 5%. The growth reflects resilience in India's domestic economy despite anticipated sales slowdowns ahead of GST rate changes.
2 min read1 Oct 2025GST Rate Cut: Will clothes get cheaper or expensive from today after GST 2.0?
Indian taxpayers will see a new GST 2.0 structure with two primary slabs of 5% and 18%. Ultra-luxury items will be taxed at 40%, while tobacco remains at 28%. PM Modi highlighted the reforms as crucial for economic growth and urged support for indigenous products.
3 min read22 Sep 2025New GST Rates: Key changes announced; 0% GST on Individual life insurance, health policies – What FM Sitharaman said
FM Sitharaman announces new GST rates from September 22, easing taxes on essentials, auto parts, insurance, and levying 40% on select products.
3 min read3 Sep 2025India GST mop-up ₹1.86 trillion in Aug, up 6.5%, refunds down 20%
India's GST collections were at ₹1.86 trillion in August, a 6.5% increase year-on-year, despite challenges from global tariffs and seasonal demand. After refunds, net revenue was ₹1.67 trillion, 20% lower from a year ago.
2 min read1 Sep 2025GST mop-up at ₹1.96 trillion in July, but higher refunds slow net revenue growth
India’s GST revenue grew 7.5% on year in July, but a sharp surge in refunds pushed net growth down to just 1.7%, suggesting stability in online refund mechanism and relief to businesses.
2 min read1 Aug 2025India's GST collections hit all-time high of ₹22.08 lakh crore in 2024-25, a 9.4% growth YoY — Details here
India's GST collections hit an all-time high of ₹22.08 lakh crore in the 2024-25 financial year. The collections doubled in the last five years when compared to the 2020-21 fiscal year levels.
1 min read30 Jun 2025Why ‘record’ gross GST collections in April don’t tell the full story
April GST numbers are a seasonal quirk, boosted by the year-end push, and not a barometer of steady consumption growth. Mint explores the trends hidden behind the headline numbers.
3 min read7 May 2025Popular Topics
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