Good News Before Budget: GST Collection Jumps 6.2% to ₹1.93 Lakh Crore in January

• India's GST collection in January 2026 reached ₹1.93 lakh crore, a 6.2% increase year-on-year.
• The rise is attributed to strong domestic demand and accelerated import activities, indicating a stable financial situation.
• Total GST collection from April to January grew by 8.3% year-on-year to ₹18,43,423 crore.
• Net GST revenue for January increased by 7.6% to ₹1,70,719 crore, with April-January net collection up 6.8%.
• State-wise growth varied, with Haryana (27%), Maharashtra (15%), and Gujarat (13%) showing strong performance, while some states like Madhya Pradesh (-15%) and Chhattisgarh (-23%) saw declines.

Why It Matters: GST collection surged by 6.2% to ₹1.93 lakh crore in January, signaling economic stability before the Budget.