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via economictimes.indiatimes.comEconomy

India's October gross GST collections jump 22.9% to Rs 2.31 lakh crore

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

India's gross GST collection reached Rs 2.31 lakh crore in October, representing a 22.9% increase from last year. The gross GST collected for the April-October period totaled Rs 14.78 lakh crore, showing a 13.2% growth year-on-year. Maharashtra recorded the highest revenue for…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong tax collections point to solid economic activity, relevant for India sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Gross GST collections in October reached Rs 2.31 lakh crore, up 22.9% year on year.
  2. 02April-October cumulative collections totaled Rs 14.78 lakh crore, up 13.2%.
  3. 03Maharashtra recorded the highest revenue, followed by Karnataka and Gujarat.

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