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Govt eyes GST revenue surge after cut in rates
Hindustan Times Mumbai
|November 20, 2025
Gross GST receipts growth is expected to rebound to a robust 10% in November
Gross GST receipts grew at an average 9.8% annual rate in the April-September period, but slowed sharply to 4.6% in October.
(PTI)
India's Goods and Services Tax (GST) revenue is poised for a strong recovery in November, limiting the impact of the September rate cuts on state and central revenues, according to internal government assessments. The Centre expects the revenue buoyancy to sustain, thanks to the robust demand in the economy and a growing tax base.
This story is from the November 20, 2025 edition of Hindustan Times Mumbai.
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