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Wednesday, November 5, 2025

Tag: consumer demand

GST Collections Rise 4.6% to ₹1.96 Lakh Crore in Festive October

India's GST revenue grows despite rate cuts, marking 10th straight month above ₹1.8 lakh crore. Direct tax collections also show strong 6.33% increase.

UPI Hits Record ₹1.02 Lakh Crore in Single Day as GST Cuts Boost Spending

India's UPI transactions hit historic high with 754 million payments worth ₹1.02 lakh crore on October 18 as GST rate cuts drive 25% surge in Diwali sales to ₹6.05 lakh crore.

Diwali Sales Hit Record Rs 5.40 Lakh Crore on GST Reforms

India's Diwali 2025 sales smash records with 25% growth, driven by GST reforms and strong consumer demand. Traditional retail dominates with 85% market share.

GST Reforms Spark Economic Surge with Record Festive Sales

Simplified GST structure drives 30-35% TV sales growth, doubled AC sales, and vehicle dispatch surge as tax benefits reach consumers across India.