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GST, auto sales, UPI data point to resilient growth in August
In August, India's GST collections rose by 14.8%, totaling ₹2 lakh crore. The surge in bulk car sales by 36% indicates robust consumer enthusiasm, while the UPI system hit a record with 24.51 billion processed transactions, pointing to a rise in digital transactions. Additionally, power consumption surged by 12.9%, portraying an ongoing economic recovery following a solid June quarter.
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economictimes.indiatimes.com
India's gross GST revenue up 14.8% on year to nearly Rs 2 lakh crore in August
Indias gross GST revenue rose 14.8% year-on-year to Rs 1.99 lakh crore in August 2026, up from Rs 1.74 lakh crore a year earlier. However, collections fell from Rs 2.11 lakh crore…
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thehindubusinessline.com
GST collections rise 14.8% to ₹2 lakh crore in August
Gross GST collections rose 14.8% to about ₹2 lakh crore in August, while net GST revenue increased 8.3% to ₹1.68 lakh crore.
