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GST Council to meet on Sept 9 payment roadmap may extend in to FY26 Economic Condition &amp Plan News

.4 minutes went through Last Improved: Sep 04 2024|12:12 AM IST.The all-powerful Product and also Services Tax (GST) Authorities, at its own upcoming meeting on September 9, is actually anticipated to supply a roadmap for the settlement cess that will likely carry on "well in to" 2025-26 (FY26), as well as additionally cover whether it must eventually be changed with a tax obligation or even a cess, mention authorities representatives.An internal assessment, these authorities show, recommends that the payment cess needs to proceed till FY26 to comply with the predicted shortfall of Rs 1.37 mountain as of March 2025.The GST Council, headed by Union Financial Administrator Nirmala Sitharaman and also along with all state financial ministers as its participants,.

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