India's GST revenue collection for June rises 12% YoY to Rs 1.61 lakh crore
India's gross GST revenue collection in June reached Rs 1,61,497 crore, marking a 12% increase compared to the previous year. This is the 15th consecutive month that monthly GST revenue has exceeded Rs 1.4 lakh crore. Additionally, the average monthly gross GST collection for the first quarter of FY 2021-22, FY 22-23, and FY 23-24 were Rs 1.10 lakh crore, Rs 1.51 lakh crore, and Rs 1.69 lakh crore respectively. Domestic transactions accounted for 18% more revenue than in June last year.
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