GST Collection Stays Strong Despite Rate Cuts; Government Optimistic About October Figures
New Delhi, October 31, 2025 — India’s Goods and Services Tax (GST) collections have remained impressively steady even after the major tax rationalisation exercise implemented in early September. The wide-ranging reform, which reduced rates on nearly 99% of taxable goods and services, was expected to create a temporary dip in revenue. However, the latest numbers…