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GST Authorities to meet on Sept 9 compensation roadmap may flex into FY26 Economic Situation &amp Plan Headlines

.4 minutes read Final Updated: Sep 04 2024|12:12 AM IST.The all-powerful Goods and Services Tax Obligation (GST) Council, at its own upcoming meeting on September 9, is actually expected to provide a roadmap for the remuneration cess that are going to likely proceed "well in to" 2025-26 (FY26), and also cover whether it must eventually be changed with a tax obligation or even a cess, state authorities authorities.An interior examination, these officials reveal, advises that the remuneration cess requires to proceed till FY26 to comply with the predicted deficiency of Rs 1.37 trillion as of March 2025.The GST Council, moved through Union Financial Official Nirmala Sitharaman and along with all condition financial administrators as its participants,.

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