Nine years after replacing a maze of indirect taxes, GST has unified India's tax system, expanded the taxpayer base and digitised compliance, even as key reforms remain unfinished ...
According to official data, gross GST collections reached a record ₹22.08 lakh crore in 2024–25, a 9.4 per cent increase over the previous year, with average monthly collections of ₹1.84 lakh crore.