Keralam records 23% growth in GST collections in October, revenue rises to ₹3,486 crore
Keralam has reported a strong increase in Goods and Services Tax (GST) collections for October 2026, with revenue touching ₹3,486 crore, registering a year-on-year growth of 23% compared to the corresponding month last year.
The state collected ₹2,829 crore in October 2025. The latest figures represent an increase of ₹657 crore over the previous year, indicating a significant improvement in GST revenue mobilisation.
According to the figures shared, Keralam’s 23% growth is seven percentage points higher than the national domestic GST growth rate of 16% during the same period. The performance places the state ahead of the national growth benchmark and points to increased economic activity as well as improved revenue collection.
The rise in GST receipts is an important indicator of the state's economic performance, reflecting trends in consumption, business transactions and tax compliance. Sustained growth in collections can also strengthen the government's revenue position and provide additional fiscal resources for public expenditure and development programmes.
The October figures offer an encouraging indication of Keralam's revenue performance. However, the sustainability of this growth will depend on whether the state can maintain the momentum in the coming months.
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