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In October, the Goods and Services Tax collections soared to Rs 1.95 lakh crore, marking a 4.6% rise compared to the previous year. Notably, this increase transpired even with substantial tax cuts in place. The surge in domestic consumption played a pivotal role in boosting these figures, effectively covering potential revenue shortfalls.
Published: November 1, 2025 5:52 pm
Source: The Economic Times — Read original