India's GST revenue in December 2025 reached ₹1.74 lakh crore, a slight increase from November, reflecting economic activity under new, reduced GST rates. While these relaxations are welcome, they are expected to impact government finances more than boost them in the short term, as consumers may prioritize savings or debt reduction over immediate consumption increases. Total tax revenue saw a 3.4% decrease by November 2025 compared to the previous year, while capital expenditure rose by 28%.