<p> In contrast, corporation tax mop-up grew just 1% on year in the same period against FY25 BE of 10.5%. The growth in Central goods and services tax (C-GST) collection has been in line with the budget estimate. However, capital expenditure till October FY25 contracted 15% as against the ambitious FY25 budget target of 17%</p><p>year-on-year growth on the back of 28% in FY24. To be sure, gross fixed capital formation grew 5.4% in the three months to September this year as against 11.6% during the same period last year.</p>

PIT outpaces Budget during April-October, capex shrinks

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.