GST COLLECTION IS GOING SLOW DOWN THIS YEAR (2024-25) AS COMPARED TO THE PREVIOUS YEAR OF (2023-24) .

The GST collection is showing slow down marginally from fifteen percent of maximum to ten percent of maximum in the year of 2024-25 as compared to the last year growth of 2023-24 respectively. As such a significant part of the collection growth for revenue receipts has declined in the net revenue collection as per data report which show that domestic transaction has gone down to one third of the compared last year collection, the public expenditure has decreased with in a short period of the observation for development level, this is because as the per capita GDP has less deduction at source during this year of the 2024-25.There are significant variations in the revenue trends with the states however the state of Himachal pradesh recorded the fastest growth of 14 percent in the current information system and the tax deduction report, as in the first five months of this year (2024-25) overall GST revenue collection have gone to ten percent as a whole and it is going slow down further, even actual tax GDP values required on the predictable line of the assessment is lower from the last year assessment and for which other probability factors, which would explain the reasoning of this variation related to compliance and governance levels of the state evaluation is too required to be verified and analysed for the good governance and accountability as per the economic realities of the country and the state exchequer noticed by the inserted quarter of basic structure.