October GST collection up 4.6% to Rs 2 Lakh-crore despite tax cuts

October GST collections reached ₹1.96 lakh crore, a 4.6% rise, marking the slowest growth this fiscal. This moderation is attributed to pre-GST sales pauses and recent rate cuts. Despite this, experts anticipate a strong rebound in November's figures, fueled by revived consumer demand and upcoming festive spending.