Brief by Shorts91 Newsdesk / 12:13pm on 01 Sep 2026,Tuesday India
India’s gross GST revenue rose 14.8% year-on-year to ₹1,99,853 crore in August 2026, according to provisional data, although collections were lower than July’s ₹2.11 lakh crore. Revenue from domestic transactions increased 9.3% to more than ₹1.37 lakh crore, while import-related GST jumped 29% to ₹62,604 crore. Net GST collections stood at ₹1.68 lakh crore, registering 8.3% annual growth. CGST contributed ₹38,413 crore, SGST ₹46,316 crore and IGST ₹1.15 lakh crore. Experts said the figures indicate resilience in the Indian economy, supported by consumption and improving compliance. They also highlighted stronger collections across several northeastern and smaller regions, while expecting festive-season spending to support higher revenues in coming months. (PC: iStock)
