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Saturday, October 24, 2026

GST collections surged to 6.5% in August this year in comparison to last year

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India’s goods and services tax (GST) collections has surged by 6.5 percent to over one lakh 86 thousand crore rupees in August this year in comparison to same month last year. According to the Finance Ministry, the gross domestic revenue was recorded at around one lakh 37 thousand crore rupees, while the gross import revenue was over 49 thousand crore rupees. The net GST collection also up by 10.7 per cent to one lakh 66 thousand crore rupees.

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