India targets 15% growth in GST collections for FY25; likely to be announced in Budget

As North Block gears up for budget preparations which will be announced on February 1, 2024, the central board of Indirect Taxes and Customs (CBIC) is aiming at keeping healthy growth targets for GST Collections. According to sources, “the government is looking at setting 14-15% growth for GST Collections in the upcoming Budget for FY2024-25.” This would mean “achieving an averag…