positive
India’s GST Revenues Improve on Festive Demand and Strong Services Growth
India’s GST collections for November are estimated to cross ₹1.75 lakh crore, supported by increased festive-season consumption and a sustained rise in services activity. Preliminary government data indicates higher compliance rates and improved invoice matching across states. Manufacturing linked GST inflows remained steady as input demand held firm, while interstate trade collections also showed positive momentum.
Tags:
- economy
- india
Explore:Mutual Fund Screening
positive
India’s GST Revenues Improve on Festive Demand and Strong Services Growth
India’s GST collections for November are estimated to cross ₹1.75 lakh crore, supported by increased festive-season consumption and a sustained rise in services activity. Preliminary government data indicates higher compliance rates and improved invoice matching across states. Manufacturing linked GST inflows remained steady as input demand held firm, while interstate trade collections also showed positive momentum.
Tags:
- economy
- india
Explore:Mutual Fund Screening
1 min read
56 words
India’s GST collections for November are expected to exceed ₹1.75 lakh crore, driven by festive demand and higher compliance, supporting fiscal stability going into early 2026.
India’s GST collections for November are estimated to cross ₹1.75 lakh crore, supported by increased festive-season consumption and a sustained rise in services activity. Preliminary government data indicates higher compliance rates and improved invoice matching across states. Manufacturing linked GST inflows remained steady as input demand held firm, while interstate trade collections also showed positive momentum.
India’s GST collections for November are estimated to cross ₹1.75 lakh crore, supported by increased festive-season consumption and a sustained rise in services activity. Preliminary government data indicates higher compliance rates and improved invoice matching across states. Manufacturing linked GST inflows remained steady as input demand held firm, while interstate trade collections also showed positive momentum.
Tags:
- economy
- india
- economy
- india
- gst
- tax