India's gross GST collections rose 3.2 per cent year-on-year to Rs 1.94 lakh crore in May 2026, despite geopolitical tensions in West Asia. Import-related tax revenue surged over 19 per cent, while net GST collections increased 3.3 per cent to Rs 1.67 lakh crore

The Centre on Tuesday dismissed reports claiming it had approved a gold monetisation scheme for temple trusts, calling them false and misleading, and clarified that no proposal to monetise temple gold holdings is under consideration