August GST Collections Rise 15% to Nearly ₹2 Lakh Crore

India's gross GST collections for August reached approximately ₹2 lakh crore, marking a 15% year-on-year growth according to official government data.

The surge in revenue is attributed to improved tax compliance and robust economic activity across major sectors despite global market volatility.

This collection figure brings the total revenue for the current fiscal year closer to the government's ambitious targets for infrastructure and social spending.