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GST COUNCIL OCTOBER 2026 DECISIONS
One GST return a year? New scheme could ease compliance for 16 lakh small businesses- "GST is always very useful for state like West Bengal": Finance Minister Swapan Dasgupta after 57th GST Council meet
- GST Council Meeting 2026: Tax officers' arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changes
- India's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing businessIndia's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and...08 Oct, 2026, 12.29 PM IST
- GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms: Industry chambers are calling for reforms to GST 2.0 during the upcoming GST Council meeting. They seek improvements in in...08 Oct, 2026, 12.25 PM IST
- GST Council meet: Scrapping tax officers' arrest powers, decriminalisation among reforms on agendaThe GST Council is poised to address significant reforms that could transform GST compliance for businesses. Among the proposed measures ar...08 Oct, 2026, 12.16 PM IST
- NBFC services to banks will attract 18% GSTThe interest on the underlying loan will remain exempt from GST. The 18% levy will apply to the taxable service supplied by the NBFC to the...08 Oct, 2026, 07.45 AM IST
- UP’s MSME box units hit by 30% kraft paper price rise, 1 lakh jobs at riskManufacturers say they have already increased corrugated box prices by around 10%, but this has not been sufficient to offset the rise in i...06 Oct, 2026, 08.07 PM IST
- Single-window GST registration for multistate businesses set for pilot this weekIn a significant move, the central government is set to implement a consolidated goods and services tax registration system for businesses ...06 Oct, 2026, 12.42 AM IST
- Industrial alcohol is the GST Council's unfinished federal business: States won the legal fight, but the 18% GST still appliesThe GST Council is set to meet regarding the regulation of industrial alcohol, which has been contested between the government and states. ...05 Oct, 2026, 10.54 PM IST
- 57th GST Council meeting rescheduled for October 8 from October 7; to be held at Bharat Mandapam in New DelhiThe 57th meeting of the Goods and Services Tax Council has been rescheduled to October 8, starting at 11 am. The meeting's location is the ...05 Oct, 2026, 08.59 PM IST
- GST Council likely to align export definition with forex earnings, clarify on overseas branch servicesThe GST Council is expected to review a proposal to redefine the definition of export for services. This proposal aims to remove ambiguitie...05 Oct, 2026, 06.25 PM IST
- GST Council may scrap arrest provisions, fast-track refunds with 90% automatic payoutThe upcoming 57th GST Council meeting on October 7 is set to unveil transformative proposals that could reshape GST regulations. Key sugges...05 Oct, 2026, 03.20 PM IST
- GST registration overhaul: Businesses may soon apply for multiple states at onceThe GST Council plans to discuss a proposal for a unified GST registration process for businesses. This proposal aims to streamline applica...05 Oct, 2026, 12.16 PM IST
- School Assembly News Headlines for October 5: Top national, international, sports and business updatesSchool Assembly News Headlines Today (October 5): In a notable move, Rahul Gandhi has introduced a digital platform called 'Satyagraha', em...05 Oct, 2026, 07.24 AM IST
- Next-gen GST: Taking India's reform journey forwardThe new GST framework in India aims to streamline compliance processes while lowering tax rates, contributing to enhanced economic stabilit...05 Oct, 2026, 12.43 AM IST
- GST exemption for banks, nominated agencies for gold, silver imports may be withdrawnThe GST Council may end the IGST exemption on gold, silver and platinum imported by banks and nominated agencies, sources said. The exempti...04 Oct, 2026, 08.40 PM IST
- Employers may soon be able to claim ITC on GST paid for employee insurance coverThe GST Council is gearing up to consider a proposal regarding input tax credit for employee insurance premiums. Currently, businesses cann...04 Oct, 2026, 07.44 PM IST
- GST 2.0's next move: Council may scrap officers' arrest powers, raise prosecution bar to Rs 5 croreThe GST Council is weighing changes to GST enforcement, including ending officials' arrest powers and shifting to court-ordered arrests. Cr...04 Oct, 2026, 07.14 PM IST
- FMGE October 2026 final edit window opens: Check last date to make changes, admit card release date, exam pattern and result dateNBEMS has opened the final selective edit window for FMGE October 2026, letting candidates correct their photograph, signature and thumb im...04 Oct, 2026, 09.27 AM IST
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