The Government of India has consolidated its monthly accounts up to October 2025, reporting total receipts of ₹18,00,475 crore, which represents 51.5% of the budget estimate (BE) 2025-26. These receipts include ₹12,74,301 crore in Tax Revenue (Net to Centre), ₹4,89,079 crore in Non-Tax Revenue, and ₹37,095 crore in Non-Debt Capital…
Tag: #IndiaFinance
News
GST Revenue Up 4.6% to ₹1.96T Despite Tax Cuts
India’s Goods and Services Tax (GST) collections grew 4.6% year-on-year to ₹1.96 trillion in October 2025, reflecting strong domestic demand despite the recent tax cuts announced by the GST Council. This moderate growth indicates resilience in consumption, especially during the festive season. Festive Demand Fuels Collection Growth The finance ministry…