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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.

Uttar Pradesh minister for finance Suresh Khanna said the state government’s collections from excise -- the second highest tax revenue earner -- were ₹52,574.52 crore (90.2% of the target). (FILE PHOTO)
Additionally, for the entire FY25, Haryana’s total gross GST collection was ₹1,19,362 crore, a 16% rise from 2023-24. (HT File)
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Overview

  • 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.