New Delhi, July 1: India’s Goods and Services Tax (GST) collections continued their strong growth momentum in June, rising 14% year-on-year to ₹1.95 lakh crore, reflecting sustained economic activity and improved tax compliance across the country.
The robust collections were driven by healthy domestic consumption, higher business transactions, and continued improvements in GST compliance. The steady rise in revenue indicates resilience in economic activity across key sectors despite global uncertainties.
Experts believe the strong GST performance highlights the growing formalisation of the economy and the increasing adoption of digital tax systems, which have strengthened revenue collection and reduced tax leakages.
The healthy tax collections are expected to provide the government with greater fiscal flexibility to support infrastructure development, welfare programmes, and public investment while maintaining fiscal discipline.
The continued growth in GST revenues underscores the strength of India’s indirect tax system and signals positive momentum for the country’s economic outlook.
