02Nov 2026
GST Collections Rise 23% on Strong Demand
GST COLLECTIONS RISE 23% AMID STRONG ECONOMIC ACTIVITY WHY IN THJE NEWS ? Strong Growth: India’s gross GST collections increased by nearly 23% year-on-year, crossing ₹2.31 lakh crore in October. Economic Momentum: Robust domestic economic activity and higher import-related tax revenues contributed to the significant rise. Revenue Performance: The increase reflects improved tax mobilisation and …
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