One-third of states see GST revenue decline in FY26

In the first eight months of the fiscal year 2026, nine out of 24 states and union territories in India saw a decrease in the money they collected from goods and services taxes (GST).

Some of the states that had the biggest drops were Kerala, Odisha, Tamil Nadu, and Madhya Pradesh.

Experts say this is because people are buying less and the government cut some tax rates.

Some states, like Haryana and Assam, actually saw big increases in their GST collections.

But overall, it's getting harder for states to collect as much tax as before, and this could make their budgets less stable.