Gandhinagar, July 8 -- Since the implementation of Goods and Services Tax (GST) in 2017, Gujarat has witnessed a steady annual increase in the number of new taxpayers. Eight years ago, when GST was introduced, the state had over 5.15 lakh registered taxpayers. As of FY 2024-25, this number has surged by 145 per cent, surpassing 12.46 lakh, more than double the original count.

According to an official release, in terms of registered taxpayers, Gujarat now ranks third in the country, reflecting its growing economic activity and exemplary tax compliance.

In FY 2024-25, Gujarat recorded a taxpayer growth rate of 6.38 per cent, significantly higher than the national average of 3.86 per cent and ahead of many other states.

There was a time w...