GST collection up in October

Goods & Services Tax (GST) collection during October shows promising numbers. The government has collected Rs. 1.52 Lakh Crore of GST during October month, this is the second highest ever so far. As per Ministry of Finance data release, GST collection remains over 1.4 Lakh Crore every month since the last eight consecutive months. This is sign of Indian economy coming back to track after the COVID pandemic.