Gst council News: Gst council Latest News, Gst council Today news, Gst council Breaking News

The GST Network (GSTN), the technology backbone of the indirect tax regime, is expected to roll out new systems soon to support implementation of the reforms, the official said.

Wider tax base, better compliance to drive GST revenue growth

GST process reforms complete the GST 2.0 agenda, focusing on expanding the tax base, improving compliance, and simplifying procedures to…

Updated: October 13, 2026 02:53 IST

A company’s input tax credit (ITC) depends on the GST paid on the insurance premium.

Your employer may save 18% on group insurance: Will you get higher health and life cover?

The GST Council has approved input tax credit on employer-provided group health and life insurance. Here’s how the move could…

October 9, 2026 18:32 IST

The GST Council’s decision to allow input tax credit on employee health and life insurance could reduce insurance costs for businesses.

Credit relief to widen corporate insurance pool

The move could potentially widen the corporate insurance pool, especially among MSMEs, according to industry experts.

October 9, 2026 06:07 IST

The 57th GST Council meeting signals a shift towards simpler compliance, faster refunds and improved tax certainty for businesses.

Tax regime shifts from stability to optimisation

India’s GST regime now more globally aligned; capital blockages and compliance complexity addressed

October 9, 2026 05:48 IST

The GST Council has recommended allowing passenger transport and rental services using electric vehicles (EVs) to opt for a 5% GST rate with restricted input tax credit (ITC),

GST Council proposes 5% GST option for EV passenger transport, rentals

The recommendation covers passenger transport services and rental services of motor vehicles with operators, where the service is provided using…

October 9, 2026 05:01 IST

The Council also proposed a 5% GST rate, without input tax credit, on delivery of goods supplied or ordered through an e-commerce platform, whichever channel is used.

GST Council moves to ease rules for small online sellers, clarify platform tax

The GST Council proposes easing registration rules for small online sellers, automating refunds, and standardizing GST on e-commerce platforms to…

October 8, 2026 23:26 IST

The 57th GST Council meeting reinforces a simple but powerful message: India’s “Reform Express” continues to gather momentum.

Keeping ‘Reform Express’ on track

The 57th GST Council meeting introduces reforms unlocking ITC refunds, simplifying compliance, and boosting India’s economic growth through GST 3.0,…

October 8, 2026 22:44 IST

Taxable supply has risen from Rs 40.19 lakh crore a month to Rs 50.58 lakh crore, a 25.8% increase.

Rate cuts lower average GST rate to 10.8%

Input tax credit utilisation under GST has increased since the GST Council reduced tax slabs, with the average GST rate…

October 8, 2026 22:34 IST

The GST exemption is currently unavailable because seeds are graded, treated and packed before they reach the farmers.

Several farming inputs may turn cheaper

The GST Council approved tax reliefs for farmers by rationalising GST rates on inputs, seed storage, coffee curing, and tractor…

October 8, 2026 22:22 IST

The new set of process reforms will be rolled out from April 1, 2027.

GST Council approves broad set of process reforms, resolves credit blockages

The GST Council approved reforms to simplify compliance, speed refunds, expand input tax credits, and reduce litigation, boosting ease of…

Updated: October 9, 2026 05:06 IST

The Council has also approved changes for services performed in India on goods belonging to foreign customers.

Export of services gets a leg up

The GST Council approved changes easing export benefits for Indian firms serving overseas clients through foreign branches, expanding tax refunds,…

Updated: October 8, 2026 21:21 IST

Nirmala Sitharaman_GST Council meeting_ANI

GST Council scraps arrest power of tax officers; raises prosecution threshold to Rs 5 crore

The Council also did not make any changes to GST rates, with the Finance Ministry stating that the existing rate…

Updated: October 8, 2026 19:13 IST

GST Council: Discussing scrapping arrest powers, decriminalisation in key reform shift

GST Council weighs GST 2.0 reforms to ease compliance, curb arrests and simplify registration for businesses; see what could change.

Updated: October 8, 2026 15:44 IST

The GST reforms are likely to be implemented in a staggered manner, starting April 1, 2027.

GST reforms may unlock Rs 60,000-cr ITC for industry

The GST Council’s expansion of tax credit and refund windows could unlock Rs 50,000-60,000 crore annually, improving working capital and…

Updated: October 8, 2026 17:34 IST

The Council will seek to restrict the power to arrest under GST.

Effective GST rate falls to 13.1% as rate rationalisation boosts efficiency

GST rate cuts and slab rejig in September 2025 expanded the tax base, boosting taxable supply and stabilizing revenue. Upcoming…

Updated: October 7, 2026 05:13 IST

Process reforms will have limited impact unless GST’s structural shortcomings are addressed.

Towards a flawless GST

Finance Minister Sitharaman highlights the need for GST reforms to boost investment and economic growth in India. Simplifying compliance, broadening…

October 5, 2026 22:27 IST

GST Council, meeting postponed, GST reforms, Nirmala Sitharaman, indirect tax, GST registration, input tax credit, GST disputes, decriminalisation, compliance simplification

GST Council meeting postponed to October 8 citing ‘unavoidable circumstances’

The 57th GST Council meeting has been postponed to October 8 due to unavoidable circumstances, with key discussions on GST…

October 5, 2026 21:27 IST

The Council will remain open to taking up larger issues that may emerge from time to time, including changes to the tax base if the Centre and states reach a consensus, sources said.

Frequent GST rate tinkering to make way for annual changes

The GST is evolving towards a more institutionalised and predictable regime with second-generation reforms, introducing structured rate changes and automated…

Updated: October 6, 2026 05:14 IST

GST council

Related News

Trending Topics