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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.
