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Govt eyes GST revenue surge after cut in rates

Hindustan Times Haryana

|

November 20, 2025

Gross GST receipts growth is expected to rebound to a robust 10% in November

- Gireesh Chandra Prasad

Govt eyes GST revenue surge after cut in rates

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.

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