India's GST collections reach record ₹2.43 lakh crore in April
after close1 source ↓written by the desknot a recommendation
- in April
- ₹2.43 lakh crore
- in import tax
- 25.8% increase
- collections grew
- 4.3%
- collections were approximately
- ₹2.11 lakh crore
- reflecting
- 7.3% increase
India's GST collections rose 8.7% YoY to a record ₹2.43 lakh crore in April, driven by a 25.8% increase in import tax revenues. Domestic collections grew at 4.3%. After refunds, net collections were approximately ₹2.11 lakh crore, reflecting a 7.3% increase. This data signals strong economic activity and trade flows, particularly in imports.
Not investment advice. For informational purposes only.