Gross GST Collections Rise 14.7% to Over ₹2.03 Trillion in September
· Business · Business Standard, Times of India
India's gross Goods and Services Tax revenue grew by 14.7% year-on-year, crossing ₹2.03 trillion in September. The robust growth figures reflect sustained economic momentum across domestic trade and consumer markets. The official data captures revenue inflows from both central and state jurisdictions. Sustained tax buoyancy continues to support government fiscal targets and public expenditure plans.
Why it matters
Strong GST collections provide the central and state governments with fiscal space for infrastructure spending and welfare outlays.
Read the original report — Business Standard
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