Ram Mandir visits, aggressive capex drive Uttar Pradesh's impressive GST revenue growth in April
India’s record goods and services tax (GST) collection of Rs 2.10 lakh crore in April 2024 witnessed an interesting trend: Uttar Pradesh overtook Tamil Nadu in monthly collections registering a growth of 19 percent, while the southern state, which has traditionally stayed ahead, witnessed a rise of 6 percent last month.
At Rs 12,290 crore in April 2024, UP became the fourth largest contributor to GST collections after Maharashtra, Karnataka and Gujarat. The state with the largest number of factories in the country – Tamil Nadu slipped to fifth place.
In April 2023 Tamil Nadu's GST collection was Rs 11,559 crore while UP's was Rs 10,320 crore.
From robust steps to curb tax evasions, and aggressive spending on infrastructure, to a boost in tourism owing to the recently-inaugurated Ram Mandir, experts attribute several factors to the recent surge in UP’s GST revenues, a state that was largely agrarian for a long time.
