Maharashtra Leads India in GST Growth, Surpassing ₹2.25 Lakh Crore in Collections
Maharashtra achieved record GST revenues in 2024-25, while Uttar Pradesh saw significant growth but fell short on some revenue targets.
- Maharashtra's GST collections for 2024-25 reached ₹2.25 lakh crore, exceeding its target of ₹2.21 lakh crore and growing 14.8% year-on-year.
- GST accounted for 60% of Maharashtra's total tax revenue, with the state maintaining its position as India's top GST contributor.
- Uttar Pradesh collected ₹2.13 lakh crore in total taxes for 2024-25, with GST and VAT contributing over half, though some revenue streams missed targets.
- Nationwide, GST collections in March 2025 increased by 9.9% compared to the previous year, driven by robust economic activity and improved compliance.
- Despite record GST performance, Maharashtra and Uttar Pradesh faced challenges in achieving targets for other revenue sources like excise and stamps.