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Bengal reports 12% GST growth in July 2025

Bengal reports 12% GST growth in July 2025

Time of Indiaa day ago
Kolkata: Bengal reported a 12% year-on-year growth in GST collections in July 2025, CM Mamata Banerjee said on Tuesday. In a post on X, she wrote, "Glad to share that West Bengal reported a robust 12 per cent year-on-year growth in gross GST collections for July 2025, recording a collection of Rs 5,895 crore, compared to Rs 5,257 crore in the same month last year, according to provisional figures just released by the govt of India.
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She also said the cumulative GST revenue growth till July stood at 7.7%, calling it a "steady improvement in business and consumption in Bengal" and a "sign of good economic health".
The state has set an SGST collection target of Rs 49,771 crore in 2025-26. Last fiscal, SGST revenue stood at Rs 45,872 crore — the largest source of the state's own revenue.
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In 2022-23, it was Rs 40,899 crore, indicating steady post-Covid growth.
The current fiscal's SGST target is nearly 25% higher than the 2022–23 figure.
Bengal's overall own tax revenue for 2025–26 is projected at Rs 1,12,543 crore.
The CM also highlighted a decline in the state's debt-to-GSDP ratio — from 40.6% in 2010–11 to 36.8% in 2024–25. The revenue deficit as a percentage of GSDP has also come down, she noted.
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