Business

GST Council to comply with on Sept 9 payment roadmap may flex right into FY26 Economy &amp Policy News

.4 min read Last Improved: Sep 04 2024|12:12 AM IST.The all-powerful Product as well as Services Income Tax (GST) Council, at its own upcoming appointment on September 9, is actually expected to give a roadmap for the remuneration cess that are going to likely carry on "well into" 2025-26 (FY26), as well as likewise review whether it ought to eventually be substituted along with a tax or a cess, point out federal government officials.An inner analysis, these officials expose, suggests that the payment cess needs to have to carry on till FY26 to satisfy the estimated shortfall of Rs 1.37 mountain as of March 2025.The GST Authorities, moved by Union Money Administrator Nirmala Sitharaman and along with all state money administrators as its members,.