A very positive news has emerged on the Indian economy front. In June 2026, the country’s Gross Goods and Services Tax (GST) collection has crossed Rs 1.94 lakh crore (1,94,812 crore) with a strong jump of 13.9 percent. According to the latest data of the Finance Ministry, this figure was Rs 1.71 lakh crore in the same month last year. From a common man’s point of view, such continuous increase in tax collection clearly indicates that there is demand in the markets and economic activities are brisk. When goods are sold in the market and business increases, only then tax money increases in the government treasury. This increasing tax money works to accelerate the development plans related to the infrastructure of the country.
Big refund figure, net earning is also great
Not only the gross revenue, but the net revenue after paying refunds has also been excellent. If seen on net basis, Rs 1,62,377 crore has come into the government’s account, which is 11.2 percent more than last year. This month the government has also returned a huge amount as refund. A total refund of Rs 32,436 crore has been issued. This figure is 29.1 percent more than last year’s Rs 25,121 crore. Now if we look at different parts of the tax, Central GST (CGST) was Rs 37,376 crore, in which an increase of 8 percent was recorded. At the same time, State GST (SGST) increased by 4 percent to Rs 45,116 crore. Integrated GST (IGST) from domestic transactions has also increased by 7 percent to Rs 52,282 crore.
Imported goods showed strength in filling the treasury
The biggest feature of this entire month’s tax collection was the tax levied on goods coming from abroad. A huge jump of 34.6 percent was seen in the IGST imposed on imports. Through this, Rs 60,038 crore was directly deposited in the treasury. This huge increase gave a big support to the total GST collection. If we talk only about domestic income, then a balanced growth of 6.5 percent has been recorded. A total of Rs 1,34,774 crore has been received under this item. This makes it clear that with the stability in the domestic market, foreign trade has increased significantly.
Maharashtra’s dominance continues, UP’s speed surprised
Talking about the performance of the states, Maharashtra’s dominance in paying taxes still remains intact. This state has contributed the maximum amount of Rs 30,714 crore with a growth of 9 percent. However, Uttar Pradesh has shown the most surprising pace. UP has recorded an excellent growth rate of 19 percent among the major states of the country, through which a collection of Rs 9,165 crore was made. The performance of other states was also encouraging. Gujarat has added Rs 11,743 crore with an increase of 12 percent, Karnataka has added 10 percent to Rs 12,937 crore, Haryana has added Rs 10,065 crore to the government treasury with an increase of 9 percent. On the other hand, in the list of big states, Tamil Nadu was the only state where tax collection has decreased. There was a decline of 2 percent, due to which the total receipt was Rs 9,776 crore.
Leave a Reply