April GST numbers are here and they’re off the charts

India’s economy is estimated to have grown 7.6% in FY24. The IMF expects India’s GDP to expand 6.8% in FY25, retaining its status as the world’s fastest-growing major economy. Total GST collection was ₹1.78 lakh crore in March while the monthly average for FY24 was ₹1.68 lakh crore.