India’s gross GST collections surge 13.9% YoY to Rs 1.94 lakh crore in June 2026

July 1, 2026 2:49 PM

India’s gross GST collections surge 13.9% YoY to Rs 1.94 lakh crore in June 2026

India's gross Goods and Services Tax (GST) collections climbed to Rs 1,94,812 crore in June 2026, marking a 13.9 per cent year-on-year increase from Rs 1,71,105 crore in June 2025. According to provisional data released by the Finance Ministry, the growth is primarily driven by a substantial increase in import revenues, which outpaced domestic collections during the month. The total net GST revenue stood at Rs 1,62,377 crore for the month, translating to an 11.2 per cent growth over the net col...

India’s commercial vehicle industry clocks robust sales in Jan, to grow 7-9 pc in FY26

February 24, 2026 11:31 AM

India’s commercial vehicle industry clocks robust sales in Jan, to grow 7-9 pc in FY26

The Indian commercial vehicle (CV) wholesale volumes reported a robust 27 per cent year-on-year (YoY) growth to 99,544 units in January, along with a sequential growth of 1.9 per cent over 97,682 units recorded in December 2025, a report showed on Tuesday. The year-on-year growth was primarily driven by the reduction in Goods and Services Tax (GST) rate to 18 per cent from 28 per cent, effective September 22, 2025 and was further supported by increased freight activity in the goods segment, acc...