Business

GST Council to comply with on September 9 payment roadmap may flex in to FY26 Economic Condition &amp Policy News

.4 minutes read Final Upgraded: Sep 04 2024|12:12 AM IST.The all-powerful Product as well as Services Tax (GST) Council, at its own upcoming appointment on September 9, is actually assumed to give a roadmap for the remuneration cess that are going to likely continue "effectively in to" 2025-26 (FY26), and also cover whether it must eventually be substituted along with an income tax or a cess, say authorities representatives.An interior evaluation, these authorities disclose, recommends that the payment cess needs to proceed till FY26 to satisfy the predicted shortage of Rs 1.37 mountain as of March 2025.The GST Council, headed through Union Money management Minister Nirmala Sitharaman and with all state money management officials as its own participants,.

Articles You Can Be Interested In