What was India's gross GST collection in July 2026?
- A₹1.81 lakh crore
- B₹2.11 lakh crore
- C₹2.50 lakh crore
- D₹1.95 lakh crore
Correct Answer: B
In July 2026, India's gross GST collection stood at ₹2.11 lakh crore and net GST collection at ₹1.81 lakh crore, reflecting robust economic activity and improved tax compliance. Implemented on July 1, 2017, GST has integrated India's indirect tax system by establishing a "One Nation, One Tax, One Market" regime.
This question is part of 4 August 2026 Current Affairs Quiz | Daily GK MCQs Online Test.
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