India's GST buoyancy seen improving on festive demand, stronger consumption: Industry experts
New Delhi, Sept. 1 -- India's GST buoyancy is expected to improve in the coming months, supported by stronger consumption and the upcoming festive season, even as revenue growth continues to lag nominal GDP growth, as per industry experts.
As per the provisional government data released on Tuesday, India's Gross Goods and Services Tax (GST) revenue surged to Rs 1,99,853 crore in August 2026, up 14.8 per cent year-on-year jump from Rs 1,74,116 crore in August 2025.
The rise in gross collections came on the back of domestic transactions and imports. Gross revenue from domestic transactions climbed 9.3 per cent to Rs 1,37,249 crore in August, compared with Rs 1,25,570 crore in the same month last year.
According to Saurabh Agarwal, Tax Pa...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.