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Growth engine revving as GST, auto sales rise despite global roadblocks
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 dip in manufacturing PMI, strong import revenues and UPI transactions highlight economic resilience. Experts anticipate continued momentum, with potential for monthly GST collections to reach Rs 2 lakh crore.
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economictimes.indiatimes.com
GST collections rise 13.9% to Rs 1.95 lakh crore MoM in June
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…
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thehindubusinessline.com
GST mop-up grows 14% to ₹1.95 lakh crore in June
GST collections in June increased by 14% to ₹1.95 lakh crore, with significant growth in domestic and import revenues.
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thehindu.com
GST mop up grows 14% to ₹1.95 lakh crore in June
GST collections in June increased by 14% to ₹1.95 lakh crore, fueled by strong domestic and import revenues.
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timesofindia.indiatimes.com
GST revenue grows 13.9% in June, collections touch Rs 1.94 lakh crore
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…
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June GST collections 13.9% to ₹1.95 lakh crore
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…
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newsbytesapp.com
GST collections in June jump 13.9% YoY to ₹1.95L crore
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.
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hindustantimes.com
GST collections rise 14% to ₹1.95 lakh crore in June on strong domestic demand
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
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Domestic car sales surge in June on tax cuts, lower interest rates & strong demand
Indian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts and lower interest rates, saw major…
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At 14%, GST collections in June grow fastest in 8 months
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…
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Car sales in June signal strong demand recovery
NEW DELHI: India's passenger vehicle industry ended the first quarter of FY27 on a strong footing, with most major automakers reporting healthy year-on-year growth in June,…
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Growth engine revving as GST, auto sales rise despite global roadblocks
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…