tax revenue
India's GST Collections Surge 4.6% to Rs 1.96 Lakh Crore in October Despite Rate Cuts
Nov 02, 2025 01:43 am CST
India's GST collections rose by 4.6% year-on-year to Rs 1.96 lakh crore in October, marking the 10th consecutive month above Rs 1.8 lakh crore. Despite recent rate rationalization, strong festive demand has maintained robust tax revenues, while direct tax collections also increased by 6.33% this fiscal year, highlighting positive economic growth trends.
India's Wedding Season Set to Boost Economy with Rs 6.5 Lakh Crore and 1 Crore Jobs
Oct 30, 2025 10:32 pm CST
India's upcoming 45-day wedding season starting November 1 is projected to generate Rs 6.5 lakh crore from 46 lakh weddings, creating over 1 crore temporary jobs. With Delhi contributing Rs 1.8 lakh crore, the season highlights a significant shift toward locally-made products, with over 70% of wedding purchases now being Indian-made. The jewellery sector leads with a 15% contribution to this economic activity.