02-November-2026
Taxation
 
GST mop-up growth highest in 4 years at 23%; October collections at Rs 2.3 lakh crore
02-Nov-2026

India’s Goods and Services Tax (GST) collections grew at the quickest pace in over four years in October to a six-month high of Rs 2.31 lakh crore amidst festive demand and a sharp jump in imports revenue, data released Sunday showed. Gross GST collections rose 22.9% year-on-year, the quickest increase since September 2022. October collections were the second highest in the current financial year, behind April. It was also the fourth consecutive month when GST collections were at Rs 2 lakh crore or higher.

News Source:- https://www.financialexpress.com/policy/economy/october-gst-collections-grow-23-to-6-month-high-of-rs-2-3-lakh-crore/4374524/?ref=hometop_hp