Saturday, November 01, 2025

Business

GST collections rise 4.6 pc at Rs 1.96 lakh crore in October despite rate cuts

IANS | November 01, 2025 04:00 PM

NEW DELHI: Despite rate rationalisation, the Goods and Services Tax (GST) collections rose 4.6 per cent (year-on-year) in the festive month of October at about Rs 1.96 lakh crore, the official data showed on Saturday.

October also made it the 10th consecutive month that revenues remained above the Rs 1.8 lakh crore mark.

According to the government data, the GST collections went up 9 per cent to about Rs 13.89 lakh crore in the April-October period of FY26 -- against Rs 12.74 lakh crore in the same period last fiscal (FY25).

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