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LatestGoods & Service Tax (GST) 2 August 2026

GST Collections Rise

India's gross GST collections surged 15.4 percent to Rs 2.11 lakh crore in July, driven by higher imports and strong consumer demand, with Punjab recording a 20 percent growth in gross GST revenue, and Casio unveiling new G-Steel watches with silicone straps, Bluetooth, and Tough Solar, as countries are expected to gain $500 billion more in tax revenue under the UN's 'pay-where-you-play' plan, with GST collections staying on track and rising 15 percent in July, and various job openings and educational resources available for GST consultants and professionals, including previous year question papers and institutional repositories

India's gross GST collections surged 15.4 percent to Rs 2.11 lakh crore in July, driven by higher imports and strong consumer demand. Punjab recorded a 20 percent growth in gross GST revenue, with a collection of ₹2614.45 crore in July 2026, as against ₹2413.91 crore during July 2025. Casio unveiled new G-Steel watches with silicone straps, Bluetooth, and Tough Solar. Countries are expected to gain $500 billion more in tax revenue under the UN's 'pay-where-you-play' plan. GST collections stayed on track and rose 15 percent in July, with import GST surging significantly, contributing to the growth. Various job openings and educational resources are available for GST consultants and professionals, including previous year question papers and institutional repositories.

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