GST collections cross Rs 1 lakh crore in October

GST collections in October crossed the Rs 1 lakh crore mark, after a gap of 5 months, on the back of festive demand, anti-evasion measures. The Finance Ministry Thursday said 67.45 lakh businesses filed goods and services  tax (GST) returns in October and deposited Rs 1,00,710 crore as taxes. "GST collections for October 2018 have crossed Rs 1 lakh crore. The success of GST is lower rates, le…