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of <h1>India's GST Collections Surge 9.1% in February, Boosted by Domestic Consumption and Policy Impact</h1> Gross GST collections in India rose by 9.1% to Rs 1.84 lakh crore in February, driven by increased domestic consumption, suggesting economic revival. Central, State, and Integrated GST contributed Rs 35,204 crore, Rs 43,704 crore, and Rs 90,870 crore respectively, with compensation cess at Rs 13,868 crore. Domestic GST revenues increased by 10.2% while imports grew by 5.4%. Refunds issued rose by 17.3% to Rs 20,889 crore. Experts suggest this growth reflects the impact of Atma Nirbhar Bharat policies and easing of working capital pressures. The fiscal deficit estimate for FY24-25 is adjusted to 4.8% due to these collections.
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