GK and monthly revision

GST collections rise 13.9% to Rs 1.95 lakh crore MoM in June

In June 2026, India's Goods and Services Tax (GST) collections rose by 13.9% to reach Rs 1.95 lakh crore, marking a significant year-on-year increase. This surge was driven by a remarkable 34.6% increase in import revenues, which indicates a strong demand for imported goods, and a 6.5% rise in domestic GST collections. This growth is crucial as it reflects the economic recovery post-pandemic and enhances the government's revenue for developmental projects.