Goods & Service Tax (GST) 2 November 2026
GST Collections Surge 23% to Rs 2.31 Lakh Crore in October
India's Goods and Services Tax collections jumped 23% year‑on‑year in October, reaching over Rs 2.31 lakh crore. The surge reflects strong festive‑season domestic sales and higher imports, highlighting robust economic activity during the period.
GST collections hit Rs 2.31 lakh crore in October, up 23% YoY.
- Growth fueled by robust domestic sales.
- Import activity added to the rise.
- Seasonal festive demand played a key role.
Source: Rediff report
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