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
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
GST Council meet starts with focus on ease of doing business, ITC overhaul and decriminalisation on agendaThe 57th GST Council meeting is set to consider major GST 2.0 reforms, including wider input tax credit eligibility, protection for genuine...
08 Oct, 2026, 11.42 AM IST
GST Council to consider 17-day refund timeline, faster registrationsThe GST Council is set to consider measures to speed up refunds and GST registrations, with a proposed 17-day refund timeline and greater a...
07 Oct, 2026, 12.52 PM IST
Tax credit vs deduction in 2026: How a $20,000 credit could cut a $50,000 tax bill to $30,000IRS tax credit and deduction explained: A tax credit and a tax deduction can both lower your tax burden, but they work differently. Here’s ...
07 Oct, 2026, 04.44 AM 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 shake-up: Council may rejig tax officers' panelsThe GST Council is likely to recast its tax officers' committees to make them leaner as the system matures. It is proposed to reduce the cu...
05 Oct, 2026, 05.20 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 2.0: Council to consider sweeping reforms to unlock tax credit, ease complianceIndia is set to implement significant reforms to the goods and services tax system, which will ease compliance. Changes may include the rel...
05 Oct, 2026, 12.16 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
Filter problem left a new Rs 11,490 purifier unusable within 4 months, Eureka Forbes denied warranty saying it was not covered, ordered to pay Rs 19,490A Thiruvananthapuram consumer commission ordered Eureka Forbes to pay Rs 19,490 to a customer after his Rs 11,490 water purifier broke down...
03 Oct, 2026, 02.08 PM IST
US imposes visa bonds of up to $20,000 on 50 countries; is India on the updated list?The US has expanded its visa bond programme to citizens of 50 countries, requiring some B1/B2 applicants to post bonds of $10,000, $15,000 ...
03 Oct, 2026, 10.51 AM IST
Strong macro show takes shape in Q2 before festive rushIndia's economy is experiencing significant growth, highlighted by a 14.7% increase in goods and services tax collections in September. Car...
02 Oct, 2026, 12.55 AM IST
GST collections remain strong, but faster import growth needs watching: Tax expertsIndia's GST collections remained strong, rising to Rs 2.04 lakh crore in September, however experts express concern over the wide gap in ta...
01 Oct, 2026, 05.45 PM IST
GST 2.0 revived demand. Now industry wants its tax credit unstuckThe GST Council is set to reconvene after a year to focus on reforming the input tax credit system. Recent surveys by KPMG and Deloitte hig...
30 Sep, 2026, 12.06 AM IST