GST collections in October increase by 9% to Rs 1.87 lakh crore

In October, GST collections in India reached Rs 1.87 lakh crore, reflecting an 8.9% increase from the previous year. Cumulative GST for 2024 has been 9.4% higher than 2023, signaling economic resilience. The financial year 2023-24 saw a record GST collection of Rs 20.18 lakh crore.