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 receipts were the primary growth engine. This robust performance, despite global challenges, signals the Indian economy's underlying resilience and sustained consumer demand.

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…

India's GST collections surged by nearly 14% to Rs 1.95 lakh crore in June 2026, marking a significant year-on-year increase. This robust growth was primarily fueled by a…

GST collections in June increased by 14% to ₹1.95 lakh crore, with significant growth in domestic and import revenues.

GST collections in June increased by 14% to ₹1.95 lakh crore, fueled by strong domestic and import revenues.

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.

Gross collections from domestic transactions were ₹1,34,774 crore in June 2026, which was 6.5% more than ₹1,26,506 crore collected in June 2025. | Business News

NEW DELHI: GST collections rose 13.9%, fastest pace in eight months, to Rs 1,94,812 crore on sharp growth in the mop-up from imports due to a spike in international prices of…

India's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and power consumption rose 11.6%. Despite a…

The recent buoyancy appears to have been underwritten by imported inflation and a depreciating rupee rather than stronger domestic value addition