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The Times of India
The Times of India
Business
TNN

GST revenue up 56% in June, Finance minister signals 1.4 lakh crore new normal

NEW DELHI: India’s GST collections rose 56%, at their fastest pace in over a year, to nearly Rs 1.45 lakh crore in June, marking the 12th consecutive month of over Rs 1 lakh crore collections.

The Rs 1,44,616 crore collected in June, based on transactions in May, was the second highest monthly generation since the new tax regime kicked in five years ago. June was the fourth straight month of collections topping Rs 1.4 lakh crore.

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