India's Goods and Services Tax (GST) collection stood at Rs 1.85 lakh crore in June, which is 6.2% more than last year. The government released these figures on Tuesday. However, June collection was slightly lower as compared to May, as a record of Rs 2.37 lakh crore was done in April 2025 and Rs 2.01 lakh crore in May.
GST has completed eight years of implementation and during this time there has been a tremendous bounce in the collection. According to the government, the GST collection has doubled in the last five years. A total collection of Rs 22.08 lakh crore took place in FY 2025, which is more than Rs 11.37 lakh crore in FY 2021. These figures show that the GST system has now become a strong pillar of the country's economy.
In FY 2025, the GST collection set a new record. This year a total of Rs 22.08 lakh crore was deposited, which is 9.4% more than 20.18 lakh crore rupees in the last financial year 2024. This is the highest annual GST collection ever, which has been recorded since the implementation of GST in July 2017. It is clear from this increase that the government's tax system has been strengthened and business activities are also gaining momentum.
The GST collection of June may have increased compared to last year, but it saw a decrease compared to May and April. A record collection of Rs 2.37 lakh crore was held in April 2025, which is the most monthly collection ever. 2.01 lakh crore rupees were deposited in May too. The collection of Rs 1.85 lakh crore was fine in June, but it shows that there is some fluctuations on monthly basis.
Economists and businessmen are considering this increase in GST collection as positive signs. With this, the government will get more funds for infrastructure, healthcare and other schemes. Also, the coordination of traders with tax system has also improved, which has reduced tax evasion. The government says that GST has not only made the tax system easier, but has also made the country's economy more transparent.
