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GST Collections Rise 3.2% to Rs 1.94 Lakh Crore in May 2026 -- What's Driving the Growth?
Jun 1, 2026
Financial Express

GST Collections Rise 3.2% to Rs 1.94 Lakh Crore in May 2026 -- What's Driving the Growth?

GST collections in May 2026 hit Rs 1.94 lakh crore, a 3.2% jump! This growth was fueled by "improved supplies of goods and services" and more tax from imports. Domestic demand is strong, with goods and services seeing big increases. Even the start of the new financial year looks good.