GST Council reforms address key industry concerns, focus shifts to implementation, says Dept of Revenue officialDuring the 57th GST Council meeting, significant recommendations were made to address concerns from stakeholders. The government plans to i...
12 Oct, 2026, 10.09 PM IST
GST reforms: What changes in compliance, input tax credit, refunds and litigation from 2027The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To curb cascading tax, ease working ca...
12 Oct, 2026, 01.09 PM IST
GST 2.0 makes it less taxing as govt scrap arrest powers, raise prosecution threshold to Rs 5 crore in major overhaulThe GST Council recently approved substantial reforms to simplify the indirect tax structure and improve compliance. These changes include ...
10 Oct, 2026, 03.57 PM IST
GST rejig: Credit relief, export push and simpler rules make Diwali come early for industry, says EY’s Bipin SapraEY partner Bipin Sapra said the GST Council’s latest reforms address input tax credit blockages, expand refunds, support exporters and stre...
10 Oct, 2026, 03.56 PM IST
GST 2.0: Easier multi-state expansion for MSMEs, e-commerce sellersIndia's GST Council has initiated reforms to modernize the GST framework for improved compliance and business operations. Simplified regist...
10 Oct, 2026, 09.55 AM IST
'Faster decisions, lower compliance costs': PM Modi welcomes new round of GST reformsPrime Minister Narendra Modi on Thursday welcomed the new round of GST reforms approved by the Goods and Services Tax (GST) Council, saying...
08 Oct, 2026, 10.00 PM IST
One GST return a year? New scheme could ease compliance for 16 lakh small businessesSmall businesses selling only to consumers may soon have the option to file GST returns annually. The GST Council has approved a plan for e...
08 Oct, 2026, 06.51 PM IST
No rate cuts, but big GST relief: 8 reforms on refunds, ITC, registration and enforcement | ExplainedThe GST Council has approved a sweeping process overhaul, easing registration, speeding up refunds, widening input tax credit and reducing ...
08 Oct, 2026, 06.33 PM IST
GST Council Meeting 2026: Tax officers' arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changesGST Council Meeting 2026: The GST Council concluded that existing GST rates would remain unchanged. It further removed arrest authorities f...
08 Oct, 2026, 06.22 PM IST
GST winners 2026: No rate cuts, but small businesses, exporters and taxpayers have plenty to gain. Here's howGST Reform Winners 2026: The GST Council has greenlit key reforms intended to simplify compliance for businesses across the board. Small bu...
08 Oct, 2026, 06.20 PM IST
"GST is always very useful for state like West Bengal": Finance Minister Swapan Dasgupta after 57th GST Council meetIn the recent 57th GST Council meeting, West Bengal Finance Minister Swapan Dasgupta emphasized the crucial role of GST in bolstering state...
08 Oct, 2026, 05.55 PM IST
GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reformsGST Council Meeting 2026: The GST Council, meeting in New Delhi, is expected to propose significant reforms for tax administration. One ref...
08 Oct, 2026, 02.16 PM IST
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
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
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