Economy · India
GST Collections and Digital Payments Reach Record Highs in July
India's Goods and Services Tax (GST) collections reached ₹2.11 lakh crore in July, marking a 15% increase compared to the previous year. This growth was attributed to strong performance in both import and domestic tax revenues. Concurrently, India's Unified Payments Interface (UPI) platform recorded its highest-ever monthly transaction value, processing ₹29.9 lakh crore in July. This surge in digital payments signifies a robust expansion of the country's digital economy.
How outlets across the spectrum covered it
Left 1 · Centre 8 · Right 2 n = 11
- Left (1): The Telegraph (India)
- Centre (8 votes, 9 outlets): Amar Ujala, Business Standard, Deccan Chronicle, Hindustan Times · Mint (HT Media — 1 vote), NDTV, Telangana Today, The Times of India, The Tribune
- Right (2): Dainik Jagran, Swarajya