Intentar ORO - Gratis
October mop-up defies GST rationalisation fears; SBI report
Financial Express Kochi
|November 03, 2025
THE STRONG MOMENTUM of goods and services tax (GST) collections in October belies not only the ‘near-absurd’ fears of massive revenue losses post-rate rationalisation, but it also refutes the apprehension expressed by states about a perceived decline in GST revenue post-rationalisation, SBI Research said in a report.
While short-term annual GST losses from rate rationalisation varied from ~48,000 crore (finance ministry) to %10 lakh crore (Surjit Bhalla & Rajesh Shukla), October 2025 GST collections (September transaction) rose 4.6% yo-y to 1.96 lakh crore.
Domestic revenue grew 2%, while import revenue increased 12.8%.
Refunds for October reached %26,934 crore (+39.6% on year), pushing net collections to 1.69 lakh crore, up 0.6% on year.
Esta historia es de la edición November 03, 2025 de Financial Express Kochi.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Financial Express Kochi
Financial Express Kochi
Modi pitches stability as firms commit to state
PRIME MINISTER NARENDRA Modi on Sunday said India is passing through a phase of unprecedented certainty and political stability at a time when the global economy is facing prolonged uncertainty, positioning the country as a dependable destination for long-term investment.
1 mins
January 12, 2026
Financial Express Kochi
Jubilant Foodworks'.
“IN A MARKET where competitors are catching up quickly, the leader may well press the inorganic growth button to leap forward,” said G Chokkalingam of Equinomics Research.
1 min
January 12, 2026
Financial Express Kochi
Focus on education, skilling, employment
DIGITAL LEARNING, INDUSTRY-ALIGNED SKILLING
1 mins
January 12, 2026
Financial Express Kochi
Amazon AI lists products without merchant consent
SOMETIME AROUND CHRISTMAS, Sarah Burzio noticed that the holiday sales bump for her stationery business included some mysterious new customers: a flurry of orders from anonymous email addresses associated with Amazon.com.
2 mins
January 12, 2026
Financial Express Kochi
Reliance to invest ₹7L cr in Gujarat
TWO OF INDIA'S biggest business conglomerates - Reliance Industries and Adani Group - committed major investments during the Saurashtra-Kutch edition of the Vibrant Gujarat Regional Conferences (VGRC) here today.
1 min
January 12, 2026
Financial Express Kochi
Rapid PSE privatisation may unlock ₹10L cr: CII
THE CONFEDERATION OF Indian Industry (CII) has urged the government to fast-track the privatisation of public sector enterprises (PSEs) to unlock substantial resources for infrastructure and address key development priorities amid global economic uncertainties.
1 mins
January 12, 2026
Financial Express Kochi
Govt to meet fiscal deficit target of 4.4% in FY26: PwC
THE GOVERNMENT IS likely to achieve the fiscal deficit target of 4.4% of the GDP in FY26, and it could even better it, a positive signal to global investors about India's commitment to fiscal management, PwC Partner and Economic Advisory Services leader Ranen Banerjee said.
1 min
January 12, 2026
Financial Express Kochi
Beyond the IIT shadow
HOW IIIT HYDERABAD IS BUILDING A SILICON VALLEY MODEL IN INDIA
2 mins
January 12, 2026
Financial Express Kochi
Pvt credit gains...
HOUSING SALES ACROSS the top seven cities fell 14% in 2025, according to Anarock Research.
1 min
January 12, 2026
Financial Express Kochi
'We're a savings portal, not q-comm'
After a turbulent period of leadership churn and persistent losses, API Holdings, the parent of Pharmeasy, Thyrocare and medicine distributor Ascent, is focused on stitching all its business segments into a single, profitable OPD healthcare platform.
3 mins
January 12, 2026
Listen
Translate
Change font size