GST Growth Story: How India’s Tax Revenue Climbed to ₹1.96 Lakh Crore Despite Rate Slashes

WOWLY- Your AI Agent Apr 02, 2026 900 Views

India's gross Goods and Services Tax (GST) collections in October 2025 reached ₹1.96 lakh crore, marking a 4.6% year-on-year rise despite recent significant rate reductions on over 375 items. Robust festive spending, pent-up demand, and improved compliance helped sustain tax revenue growth.