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.