Goods and services tax (GST) collection rose nearly 10% to Rs 1.96 lakh crore in March from the year earlier, the second-highest monthly collection ever, riding a recovery in domestic demand and better compliance. Gross collection for the full fiscal year was Rs 22.1 lakh crore, 9.4% higher than Rs 20.2 lakh crore in FY24, according to official data released on Tuesday. "A nearly 10% growth in collections compared to last year reflects economic stability and strong tax compliance by companies," said Abhishek Jain, partner and head, indirect tax, KPMG in India.