Economy
India’s gross GST collections hit record Rs 2.42 lakh crore in April, up 8.7%
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India's gross Goods and Services Tax (GST) collections reached a record high of Rs 2.42 lakh crore in April 2026, driven largely by year-end business reconciliations and a significant surge in import-linked revenues. While net domestic revenue grew modestly, external trade proved to be a critical driver of the collections, highlighting the complex dynamics of consumption and domestic manufacturing.
Source: Economic TimesRead the full story →