India’s GST collections surged 13.9% to Rs 1.95 lakh crore in June 2026, fueled by a significant 34.6% jump in import tax revenues. This robust growth, despite global uncertainties, highlights the maturing and resilient nature of India’s tax system. Increased refund disbursements also supported business liquidity, demonstrating improved tax administration and a predictable revenue framework. India’s GST collections surged 13.9% to Rs 1.95 lakh crore in June 2026, fueled by a significant 34.6% jump in import tax revenues. This robust growth, despite global uncertainties, highlights the maturing and resilient nature of India’s tax system. Increased refund disbursements also supported business liquidity, demonstrating improved tax administration and a predictable revenue framework.
Trending
- Déjà vu! Kluivert repeats father Patrick’s penalty heartbreak 26 yrs later – Watch
- Why Los Angeles dropped 96 million black balls into drinking water
- ‘Was offered Rs 35 crore’: TVK MLA alleges political horse-trading; 3 arrested, V Senthil Balaji named
- Heatwave linked to over 1,000 deaths as Spain records hottest first half of year
- Watch: Australian goes to Thailand hotel with minor, comes out with body in suitcase
- Ancient DNA from a ruined tomb near Jerusalem reveals a hidden human story from 3,000 years ago
- Hormuz oil shock sends India back to Russia: Is this a peak or the new normal?
- Jet-black Sahara volcano and skull-shaped crater captured in stunning NASA astronaut photo