Trendinginfo.blog > National > Budget 2026 LIVE: FM Nirmala Sitharaman Announces ₹12.2 Lakh Crore Capex Target for FY27

Budget 2026 LIVE: FM Nirmala Sitharaman Announces ₹12.2 Lakh Crore Capex Target for FY27

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Gross GST collections rose 6.2% to over ₹1.93 lakh crore in January, mainly on higher revenues from imports. 

Total refunds declined 3.1% to ₹22,665 crore.

Net Goods and Services Tax (GST) revenues, however, grew 7.6% to about ₹1.71 lakh crore in January.

Cess collection (from tobacco products) in January stood at ₹5,768 crore. This compares to ₹13,009 crore in collections in January last year when a cess was levied on luxury, sin and demerit goods such as cars, and tobacco products. – PTI

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