India's October net goods and services tax collection rises 25.6% year-on-year

PSX Update • Nov 1, 2026

NEW DELHI: India ​collected 2.03 ‌trillion rupees ($21.40 billion) as ​net goods ​and services tax ⁠in October, ​an increase ​of 25.6% year-on-year, according to ​a government ​statement on Sunday. IT, earnings, tax-cut hopes power Indian shares to monthly ga...

NEW DELHI: India ​collected 2.03 ‌trillion rupees ($21.40 billion) as ​net goods ​and services tax ⁠in October, ​an increase ​of 25.6% year-on-year, according to ​a government ​statement on Sunday. IT, earnings, tax-cut hopes power Indian shares to monthly gains Gross ‌October ⁠goods and services tax collection stood ​at ​2.31 ⁠trillion rupees, up ​22.9%, ​the ⁠statement said.