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ECONY & INFRASTRUCTURE GDP / Inflation

India Gross GST Revenue Surges 14 Percent to Reach 1.95 Lakh Crore Rupees in June 2026

India recorded gross Goods and Services Tax (GST) collections of 1.95 lakh crore rupees for June 2026, marking a robust 14% year-on-year growth.
This milestone coincides with the 9th anniversary of the implementation of the landmark GST regime in India.
The continuous expansion of the GST base indicates strong compliance, formalized trade activity, and solid domestic consumption.

Key Facts / Static GK

Goods and Services Tax (GST) was officially implemented in India on July 1, 2017.
GST is a destination-based, comprehensive, multi-stage tax.

Practice Quiz — 2 July 2026

Q1. Who has recently assumed charge as the Chairman and Managing Director (CMD) of Hindustan Copper Limited (HCL)?

Q2. The Appointments Committee of the Cabinet (ACC) has approved a one-year tenure extension for which of the following Foreign Secretaries of India?

Q3. Ravi Shankar has been appointed as the Executive Director (ED) of which organization, where he will oversee the Department of Statistics and Information Management (DSIM)?

Q4. Consider the following statements regarding the newly launched Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission (Gramin) [VB-G RAM G] Act, 2025: (1) It replaces the MGNREGA Act, 2005. (2) It guarantees 125 days of wage employment annually per eligible rural household. (3) The Central Government has set the national floor wage under this scheme at 350 rupees per day. Which of the statements given above are correct?

Q5. What was India's gross Goods and Services Tax (GST) revenue collection for the month of June 2026?

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