India, Nov. 2 -- India's gross Goods and Services Tax (GST) collections rose 22.9% year-on-year to Rs2.31 lakh crore in October 2026, compared with Rs1.88 lakh crore in October 2025, according to provisional government data released on Sunday. The strong growth was supported by robust domestic economic activity and a significant increase in tax revenue from imports. After adjusting for refunds, net GST revenue increased by 25.6% to Rs2.03 lakh crore, against Rs1.61 lakh crore in the corresponding month last year. The latest figures indicate continued growth in GST revenue during the current financial year.

Domestic GST revenue increased 15.8% year-on-year to Rs1.59 lakh crore in October. This comprised Central GST (CGST) collections of ...