Business

GST Authorities to comply with on Sept 9 compensation roadmap may stretch in to FY26 Economy &amp Plan Information

.4 min went through Last Improved: Sep 04 2024|12:12 AM IST.The all-powerful Goods and Services Tax (GST) Council, at its upcoming meeting on September 9, is expected to supply a roadmap for the remuneration cess that will likely proceed "properly into" 2025-26 (FY26), and additionally discuss whether it needs to eventually be switched out along with a tax or a cess, point out government representatives.An internal examination, these representatives show, recommends that the settlement cess needs to continue till FY26 to meet the predicted deficiency of Rs 1.37 mountain as of March 2025.The GST Authorities, headed by Union Financial Minister Nirmala Sitharaman and also with all condition financial administrators as its members,.