Current Affairs - Economy - Discussion

India's gross GST collections recorded a year-on-year growth of 13.9% in June 2026, reaching ₹1,94,812 crore compared to ₹1,71,105 crore in June 2025. After accounting for refunds, net GST collections stood at ₹1,62,377 crore, reflecting an annual growth of 11.2%. The increase was driven mainly by strong import-related GST revenue, which surged by 34.6%, while domestic GST collections grew by 6.5%. The robust revenue performance highlights improved tax compliance, effective digital tax administration, and sustained economic activity despite global uncertainties, reinforcing the strength of India's GST framework.