West Bengal GST Growth Outpaces National Average: A Fiscal Shift in FY25
On the back of robust internal revenue mobilisation, West Bengal GST collections in FY 2024–25 surged by 11.43%, notably outperforming the national GST growth rate of 9.44%. According to official statements by Chief Minister Mamata Banerjee, the state garnered an additional ₹4,808 crore in GST revenue compared to the previous financial year.
This upward trajectory is more than a statistical win—it signals the growing economic autonomy and efficient fiscal governance emerging from the state.
📊 Bengal’s GST Numbers vs National Trend
| Category | FY 2023–24 | FY 2024–25 | Growth (%) |
|---|---|---|---|
| West Bengal GST Revenue | ₹42,032 Cr | ₹46,840 Cr | 11.43% |
| National Average Growth | – | – | 9.44% |
| Additional Revenue (YoY) | – | ₹4,808 Cr | – |
(Source: State GST Revenue Data, FY25; GST Council)
🧾 Revenue Surge Beyond GST: Stamp Duty Also Booms
It’s not just GST where Bengal has outshined. Stamp duty and registration revenue grew by a massive 31.05%, with 60,000 more deeds registered in FY25 compared to the prior year. This shows increased economic activity in the real estate and asset registration sectors—an indirect indicator of market vibrancy.
🏛️ Expert Opinion: What Makes Bengal’s Model Stand Out?
“A double-digit GST growth in a post-pandemic fiscal climate is impressive. Bengal’s success suggests better compliance, widening of the tax base, and increased consumption.”
— Prof. A. Dasgupta, Economist & GST Policy Analyst, IIM Calcutta
The state’s focus on digital filing infrastructure, anti-evasion drives, and industry-friendly policy implementation has reportedly contributed to the spike.
🔍 What This Means for Business Owners in Bengal
- Improved Compliance Environment: Expect smoother GST registration and filing with streamlined digital services.
- Market Opportunities: Higher economic activity often leads to increased B2B demand and vendor expansion.
- Confidence in State Policy: Businesses benefit from fiscal discipline, as states with stronger finances offer better incentives and ease of doing business.