GST collections surge as July records a notable 10.3% YoY increase, hitting an impressive ₹1.82 lakh crore. The total collection for FY2024-25 has now reached ₹7.38 lakh crore, maintaining a ~10% growth rate, significantly boosted by increased revenue from imports.
This upward trend signals robust economic activity and effective tax compliance. Explore our comprehensive analysis for deeper insights into these trends and their potential impact on the economy.