India's tax collection from the sale of goods and services increased to Rs 1.51 trillion in October, driven by festive demand, higher rates, and better tax compliance.
The revenue for October is the second-highest monthly collection, next only to April 2022, and it is for the second time the gross GST collection has crossed Rs. 1.50 trillion mark.
October also saw the second-highest collection from domestic transactions after April. This is the ninth month, and for the eighth month in a row, that monthly GST revenue has been more than Rs 1.4 trillion.