GST Growth Slows to 7.3% in December:
India’s GST collection growth slowed to 7.3% YoY in December 2024, with gross revenue standing at ₹1.77 lakh crore, compared to ₹1.65 lakh crore in December 2023. This marks the slowest growth in three months and highlights a slight decline in consumer spending post-holiday season. GST revenues have consistently stayed above ₹1.7 lakh crore for ten consecutive months, with the December quarter averaging ₹1.82 lakh crore—8.3% higher YoY.
