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India's GST Revenues Rise in May, RBI Reports FY26 Earnings
India's Gross GST revenues increased by 3.2% to over Rs 1.94 lakh crore in May, while the RBI reported earning over Rs 4 lakh crore in FY26, spending a third of it on rupee defense and liquidity management.
1 Jun, 01:42 — 1 Jun, 06:28
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Times of IndiaMostly Factual2h ago
Gross GST revenues rise 3.2% to over Rs 1.94 lakh crore in May
India's Goods and Services Tax collections in May surpassed Rs 1.94 lakh crore, marking a 3.2% year-on-year increase. While domestic revenue saw a slight dip, robust growth in import-linked taxes fueled the overall rise. Several states reported healthy SGST collection increases, though Delhi experienced a significant decline.
By TOI BUSINESS DESK
Read full article →indian-expressMostly Factual7h ago
Rupee defence to liquidity: RBI earned over Rs 4 lakh crore in FY26, spent a third of it
By Siddharth Upasani
Read full article →Coverage Timeline
First report: indian-express · 1 Jun, 01:42|Full coverage: 2 · 5h|Window: 5h
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