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3 days agoIndia’s GST Collections Rise 4.6% to ₹1.96 Lakh Crore in October

India’s gross Goods & Services Tax (GST) collections for October 2025 reached about ₹1.96 lakh crore (≈ US$22.4 billion), a year-on-year rise of approximately 4.6%. The uplift was supported by robust festive consumption, despite refunds rising nearly 40 %. Smaller tax-rate reductions on cars and shampoos had limited overall impact on mop-up. Analysts say the trend underlines resilient domestic demand, although the jump is modest compared with previous months and suggests tighter macro headwinds remain ahead.
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3 days agoIndia’s GST Collections Rise 4.6% to ₹1.96 Lakh Crore in October

India’s gross Goods & Services Tax (GST) collections for October 2025 reached about ₹1.96 lakh crore (≈ US$22.4 billion), a year-on-year rise of approximately 4.6%. The uplift was supported by robust festive consumption, despite refunds rising nearly 40 %. Smaller tax-rate reductions on cars and shampoos had limited overall impact on mop-up. Analysts say the trend underlines resilient domestic demand, although the jump is modest compared with previous months and suggests tighter macro headwinds remain ahead.
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India’s GST Collections Rise 4.6% to ₹1.96 Lakh Crore in October
4 days ago
1 min read
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October GST collections in India rose 4.6% to ₹1.96 lakh crore amid strong festive spending and higher refunds.
India’s gross Goods & Services Tax (GST) collections for October 2025 reached about ₹1.96 lakh crore (≈ US$22.4 billion), a year-on-year rise of approximately 4.6%. The uplift was supported by robust festive consumption, despite refunds rising nearly 40 %. Smaller tax-rate reductions on cars and shampoos had limited overall impact on mop-up. Analysts say the trend underlines resilient domestic demand, although the jump is modest compared with previous months and suggests tighter macro headwinds remain ahead.

India’s gross Goods & Services Tax (GST) collections for October 2025 reached about ₹1.96 lakh crore (≈ US$22.4 billion), a year-on-year rise of approximately 4.6%. The uplift was supported by robust festive consumption, despite refunds rising nearly 40 %. Smaller tax-rate reductions on cars and shampoos had limited overall impact on mop-up. Analysts say the trend underlines resilient domestic demand, although the jump is modest compared with previous months and suggests tighter macro headwinds remain ahead.
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economy
india
economy
india
gst
tax revenue
consumer demand
Nov 1, 2025 • 20:45 IST
















































































