November 2, 2026 9:11 AM
GST mop-up surges 23 pc to 2nd-highest level of Rs 2.31 lakh cr in Oct on festive demand boost
GST collections jumped 23 per cent year-on-year to the second-highest level of over Rs 2.31 lakh crore in October as festive buying boosted domestic demand, according to government data released on Sunday. October is the second consecutive month when monthly gross Goods and Services Tax (GST) crossed Rs 2 lakh crore, and second only to the record about Rs 2.43 lakh crore mop-up in April. Also, the 22.9 per cent year-on-year growth clocked during the month is the fastest recorded pace of gross ...