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India's GST Collection Surges 15.4% to ₹2.11 Lakh Cr in July
📷 Image: Wikimedia Commons / James St. John
Business

India's GST Collection Surges 15.4% to ₹2.11 Lakh Cr in July

✍️ The Meghalayan Express 🗓 02 Aug 2026, 08:33 AM 👁 34
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India’s gross Goods and Services Tax revenue climbed 15.4% year‑on‑year, reaching more than ₹2.11 lakh crore in July, according to the latest report.

India’s gross Goods and Services Tax (GST) collection for July rose 15.4% compared to the same month last year, exceeding ₹2.11 lakh crore.

The increase marks a significant jump from the previous year’s figure, underscoring a rebound in taxable activity across the country.

Higher GST receipts provide the government with additional resources for fiscal planning and public spending, reflecting broader economic momentum.

The data was reported by The Meghalayan Express, citing the Ministry of Finance’s latest statistics.
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