India March GST collections rise 8.8 percent to 2 trillion

India collected 2 trillion rupees in goods and services tax this March, an 8.8 percent annual rise. The government released the data on Wednesday morning.

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India recorded a significant increase in its fiscal revenue as gross goods and services tax (GST) collections reached 2 trillion rupees ($21.33 billion) in March. This figure represents an 8.8% rise compared to the same period a year ago, according to a government statement released on Wednesday.

Indian currency notes are seen inside a drawer at a shop in New Delhi, India, April 3, 2025. REUTERS/Adnan Abidi/File Photo
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