India's Goods and Services Tax (GST) revenue for June 2026 stood at ₹1.95 lakh crore (₹1,95,000 crore), registering a robust 13.9% year-on-year growth. This reflects India's strong economic momentum, increasing formalisation of the informal economy, and improved GST compliance. GST revenue has shown consistent monthly growth, with the all-time high being ₹2.10 lakh crore in April 2024. GST was launched on July 1, 2017 under the 101st Constitutional Amendment, replacing a complex multi-tier tax system. The GST Council, chaired by Finance Minister Nirmala Sitharaman, oversees GST rates and policy.
Economy
India's GST Revenue in June 2026 Hits ₹1.95 Lakh Crore — 13.9% Year-on-Year Growth; Reflects Strong Economic Momentum
Key Points
- India's Goods and Services Tax (GST) revenue for June 2026 stood at ₹1.95 lakh crore (₹1,95,000 crore), registering a robust 13.9% year-on-year growth
- This reflects India's strong economic momentum, increasing formalisation of the informal economy, and improved GST compliance
- GST revenue has shown consistent monthly growth, with the all-time high being ₹2.10 lakh crore in April 2024
- GST was launched on July 1, 2017 under the 101st Constitutional Amendment, replacing a complex multi-tier tax system
- The GST Council, chaired by Finance Minister Nirmala Sitharaman, oversees GST rates and policy
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• GST Revenue June 2026: ₹1.95 lakh crore; +13.9% YoY; strong monthly collection • GST: launched July 1, 2017; 101st Constitutional Amendment; 'One Nation One Tax' • GST Council Chair: Finance Minister Nirmala Sitharaman; all-time high: April 2024 (₹2.10 lakh crore) • GST components: CGST + SGST + IGST + Cess; 4 slabs: 5%, 12%, 18%, 28%
