GST Collections Jump 15.8% YoY to ₹1.81 trillion, Boosting Fiscal Confidence
Net GST receipts rose 15.8% year‑on‑year to ₹1.81 trillion in July, driven by a 10.1% lift in domestic collections and a 28.8% surge in import taxes. The broad‑based gains across 28 states signal strong consumer demand and a deepening tax base, reinforcing the government’s fiscal stability outlook.