India's gross Goods and Services Tax (GST) collection for October 2025 stood at ₹1,95,936 crore, marking a 4.6% increase compared to October 2024. This growth was driven by festive demand, with revenue from imports growing by 12.8%. Key components included ₹36,547 crore in CGST, ₹45,134 crore in SGST, and ₹1,06,443 crore in IGST.
Gross Goods and Services Tax (GST) revenue collected for October 2025 is ₹1,95,936 crores, registering a 4.6% increase compared to ₹1,87,346 crores for the same month last year.
GST Rebate Payment Dates
The Canada Revenue Agency (CRA) typically sends GST/HST rebate credit payments around the fifth day of January, April, July, and October each year. When the 5th falls on a Saturday, a Sunday, or a federal holiday, the payment will be made on the last business day before the 5th.
The Gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%).
GST revenues have shown a steady upward trend over the years, rising from Rs 11.37 lakh crore in 2020–21 to Rs 20.18 lakh crore in 2023–24, reflecting stronger economic activity and improved compliance. The recent GST figures point to a positive trajectory for the Indian economy.
Every year, the CRA adjusts federal tax benefits based on inflation. For 2025, the CRA HST credit will rise by 2.7%, starting with the July 2025 GST HST payment. While this increase is lower than 2024's 4.7%, it still brings welcome support for millions across the country.
Monthly GST Collection for the year 2024
The month-wise GST Collection shows a dynamic pattern of growth. The highest-ever monthly GST collection was recorded at Rs. 2.10 lakh crore for the month of April, which experts suggest was driven by financial year-end transactions and regulatory deadlines.
Maximum marginal rate is the highest rate of tax at any income level. This means for those with incomes between Rs 2 crore and Rs 5 crore, 39% will be the highest applicable tax rate, and for those with incomes above Rs 5 crore, it will be 42.74% — the highest tax rate since 1992.
For any standard-rated supplies of goods or services that you make on or after 1 Jan 2024, you must charge GST at 9%. For instance, if you issue an invoice and receive payments for your supply on or after 1 Jan 2024, you must account for GST at 9%.
Among states, Maharashtra emerged as the top contributor with nearly ₹3.60 lakh crore in collections, followed by states like Karnataka, Gujarat, Tamil Nadu and Haryana., according to the data by GST Council. Below is the list of top top 10 GST collecting States in India.
Payment amounts are recalculated every July
For example, the information from your 2024 tax return determines the GST/HST credit amount you get for the payment period from July 2025 to June 2026. You could get up to: $533 if you are a single individual. $698 if you are married or have a common-law partner.
GST Reforms 2025: Key Changes in GST Rates Across Categories
Key categories have seen rate reductions: daily essentials have dropped from 12%/18% to 5%, agricultural equipment from 12%/18% to 5%, healthcare services to 5% or exempt, and education services are now fully tax-exempt.
India's GST regime is undergoing a landmark transformation with the 56th GST Council meeting unveiling GST 2.0 - next-generation reforms simplifying tax slabs to 5%, 18%, and 40%. Effective from September 22, 2025, these reforms aim to ease compliance, boost consumption, and fuel economic growth.
Payments are made in January, April, July, and October. To receive your GST payments, you must file your taxes for 2024, meet essential eligibility criteria (such as being at least 19 years old and a resident of Canada), and keep your information with the CRA up-to-date.
The GST reforms in India are have been rolled out since 22nd September 2025 through central tax notifications, as stated by Prime Minister Narendra Modi. The Centre's GST reform now have a simplified two-slab structure of 5% and 18%, and a special 40% slab for sin and luxury goods.
The GST Council's latest reforms have reshaped the GST tax slab for the travel and hospitality sector. With international and domestic travel steadily rising, these changes will directly affect how much you spend on air tickets, hotel bookings, dining, and even luxury travel.
Goods and Services Tax (GST) in Singapore is 9% levied on local sales, import of goods, as well as most supplies of goods and services. Exemptions are given for the sales and leases of residential properties, importation and local supply of investment precious metals and most financial services.
How to Avoid GST on Overseas Purchases Legally
Other countries collect 10 to 60 per cent of the tax. India collects 42.74, Canada 33, US 37, Finland 56.95, France 45, UK 45, Germany 45, Hong Kong 15, China 45, Singapore 22, Japan 55.97, Australia 45, and Singapore 22 per cent of tax charges.
Prior to FY21, his salary had been capped at Rs 15 crore annually since 2009. Despite forgoing a salary, Ambani earned Rs 8.85 crore in dividend income from his 1.61 crore directly held shares in Reliance Industries, based on the Rs 5.50 per share dividend declared for FY25.
According to India Data Map, the current average Indian salary is equivalent to $337 per week or $4,044 per year. Median income estimates in India also fall in this range.
Maharashtra has consistently been the highest taxpayer state in India, largely due to its status as the financial hub of the country. Cities like Mumbai and Pune contribute significantly to the state's tax revenues, driven by industries such as banking, technology, and manufacturing.
The Government: A Boost in Revenue
From a government standpoint, GST has been a resounding success in terms of revenue generation and increase in tax base. The number of Taxpayers is increasing from year to year and the same thing can be said about the collection of GST.
Vijay Kelkar, as the Chairman of the Finance Commission and Kelkar Corporation, played a key role in the improvement of the GST regime. Former prime minister Atal Bihari Vajpayee is credited with founding GST in India and is often referred to as the 'Father of GST in India'.