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India GST Revenue Rises 13.9% to Rs 1.95 Lakh Crore in June 2026

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India's Goods and Services Tax collections climbed 13.9% year-on-year to Rs 1.95 lakh crore in June 2026. A sharp 34.6% surge in import tax revenues was a key driver behind the strong growth. The figures reflect the resilience of India's tax framework even amid prevailing global economic uncertainties. Higher refund disbursements during the period also helped improve liquidity for businesses. Analysts view the performance as evidence of maturing tax administration and a more predictable revenue structure.

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India GST Revenue Rises 13.9% to Rs 1.95 Lakh Crore in June 2026 · ShortSingh