April GST collections rise 8.7% to ₹2.42 lakh crore
India's GST collections for April 2026 hit ₹2.42 lakh crore, up 8.7% YoY, driven by a 25.8% increase in import-related taxes. Domestic revenue also rose by 4.3%, indicating a strong fiscal start to the year.
after close1 source ↓written by the desknot a recommendation
- April 2026 reached
- ₹2,42,702 cr
- increase
- 8.7%
- in April 2025
- ₹2,23,265 cr
- surge in import-related
- 25.8%
- totaling
- ₹57,580 cr
India's Goods and Services Tax (GST) collections for April 2026 reached ₹2,42,702 cr, marking an 8.7% increase from ₹2,23,265 cr in April 2025. This growth was driven by a 25.8% surge in import-related taxes, totaling ₹57,580 cr. Domestic revenue also saw a 4.3% rise to ₹1,85,122 cr.
The robust GST collections indicate a positive fiscal outlook, potentially boosting market sentiment and investor confidence in the economy. 📈
Not investment advice. For informational purposes only.