India’s GST Collections Reach Record ₹22.08 Lakh Crore in FY25

India’s GST Collections: A Landmark Achievement
India’s GST system, launched in 2017, has transformed the country’s tax structure by replacing 17 central and state taxes along with 13 cesses. In FY25, gross GST revenue surged to ₹22.08 lakh crore, marking a 9.4% increase from FY24 (₹20.18 lakh crore) and doubling since FY21 (₹11.37 lakh crore).

Key Highlights:
Highest-ever monthly collection (April 2025): ₹2.37 lakh crore.
Taxpayer base growth: From 65 lakh (2017) to 1.51 crore (2025).
Economic impact: Reflects post-pandemic recovery, formalization of the economy, and improved compliance.

Why is This Important for Exams?
Competitive exams like SSC, PSC, NID, NIFT, and FDDI frequently include questions on GST reforms, economic trends, and current affairs. Key reasons to focus on this topic:
High weightage in GK and economy sections.
Helps in interview rounds for government jobs.
Understanding tax reforms is essential for banking, civil services, and design entrance exams.


Sample Questions & Answers for Exam Prep
Q: What was India’s total GST collection in FY25?
A: ₹22.08 lakh crore (highest ever).
Q: How much did GST revenue grow compared to FY21?
A: It doubled from ₹11.37 lakh crore (FY21) to ₹22.08 lakh crore (FY25).
Q: Which month recorded the highest GST collection in FY25?
A: April 2025 (₹2.37 lakh crore).
Q: How many taxpayers were registered under GST by 2025?
A: Over 1.51 crore.
Q: When was GST introduced in India?
A: July 1, 2017.