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GST Collections Rise 3.2% to ₹1.94 Lakh Crore in May 2026

GST Collections Rise 3.2% to ₹1.94 Lakh Crore in May 2026

Goods and Services Tax (GST) collections in India rose 3.2% year-on-year to ₹1.94 lakh crore in May 2026, driven by stronger domestic demand, improved compliance, and higher economic activity. Growth was supported by festive and consumption trends, better tax reporting systems, and increased business registrations, indicating continued recovery and steady momentum in the country’s indirect tax revenues this reflects growth.

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