Editorial
Mayur R. Parekh
I Hope every Members of our Esteemed Association and Readers must be fine and busy with compliances of their Clients under GST, Income Tax and other Laws.
India’s GST collection has been showing strong growth, reflecting economic resilience and increased compliance. In May 2025, the gross GST collection reached ₹ 2.01 lakh crore, marking a 16.4% year-on-year increase compared to May 2024. This is the second consecutive month that GST revenues have crossed the ₹ 2 lakh crore mark, indicating sustained economic activity.
Breakdown of GST Collection:
Central GST (CGST): ₹ 35,434 crore
State GST (SGST): ₹ 43,902 crore
Integrated GST (IGST): ₹ 1.09 lakh crore
Cess: ₹ 12,879 crore.......