Question

    What was the percentage growth in India’s net GST

    collections in December 2024?
    A 7.3% Correct Answer Incorrect Answer
    B 5.2% Correct Answer Incorrect Answer
    C 3.3% Correct Answer Incorrect Answer
    D 8.4% Correct Answer Incorrect Answer
    E 9.5% Correct Answer Incorrect Answer

    Solution

    India’s net GST collections in December 2024 grew by 3.3%, which was the weakest growth in FY 2024-25. This decline was attributed to a 45.3% increase in refunds, which reduced the net collections despite a growth in gross receipts.

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