Government analysis reveals that last September's Goods and Services Tax rate adjustments led to a significant expansion of the tax base. Higher taxable supplies more than compensated for reduced tax rates, boosting average monthly taxable supply by 22.5% in the latter half of FY26. This positive outcome marks a notable impact as the GST nears its ninth anniversary.

When the Goods and Services Tax (GST) was rolled out on July 1, 2017, it marked India's biggest overhaul of indirect taxation since Independence. Replacing a patchwork of central…

Government analysis reveals that last September's Goods and Services Tax rate adjustments led to a significant expansion of the tax base. Higher taxable supplies more than…

NEW DELHI: It was a year that was marked by the biggest reset since GST was launched nine years ago and marks a complete change in thinking within the policy dispensation, which…

India's gross Goods and Services Tax (GST) collections rose 13.9 per cent year-on-year to Rs 1,94,812 crore in June 2026, driven largely by a sharp increase in tax revenues from…

India's GST revenue surged 13.9% to ₹1.95 lakh crore in June, driven by a significant 34.6% jump in import tax collections. While domestic GST saw a modest 6.5% rise, import…

India's GST collections surged to Rs 1.95 lakh crore in June, marking a 13.9% year-on-year growth—the fastest pace in 13 months, driven by higher import tax revenues.