GST revenue up 56% in June, Finance minister signals 1.4 lakh crore new normal

India’s GST collections rose 56%, at their fastest pace in over a year, to nearly Rs 1.45 lakh crore in June, marking the 12th consecutive month of over Rs 1 lakh crore collections. With the latest set of rate changes and tightening of norms, the government is hoping for further improvement in the coming months.

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