June GST collections rise to ₹1.95 lakh crore
after close1 source ↓written by the desknot a recommendation
- year-on-year
- 13.9% increase
- in import tax
- 34.6% surge
- Domestic revenue contributed
- ₹1.35 lakh crore
- of total collections
- 69.2%
The government reported GST collections of ₹1.95 lakh crore for June, marking a 13.9% increase year-on-year, driven by a 34.6% surge in import tax revenue. Domestic revenue contributed ₹1.35 lakh crore, accounting for 69.2% of total collections. This reflects ongoing economic recovery and industrial capacity expansion, which may support market sentiment.
Not investment advice. For informational purposes only.