Economy
GST Collections Surge 15.4% to Over Rs 2.11 Lakh Crore in July
Moneycontrol1h
THE BRIEF
1
India's gross GST collections rose by 15.4% in July 2026, crossing the Rs 2 lakh crore mark for the second time in the current fiscal year.
2
The total revenue reached Rs 2.11 lakh crore, driven by a significant increase in import-led collections and sustained domestic economic activity.
3
This 14-month high in revenue collection reflects robust growth in the manufacturing and services sectors, exceeding government projections for the first quarter of FY27.