October GST Collections Rise Nearly 9%, Reaching ₹1.87 Lakh Crore

India’s Goods and Services Tax (GST) collections for October reached ₹1.87 lakh crore, marking an 8.9% increase from ₹1.72 lakh crore in the same month last year. Cumulative collections for 2024 stand at ₹12.74 lakh crore, a 9.4% rise compared to 2023. This growth signals a robust economic recovery, reflecting strong domestic consumption and import activity.