GST
Mint Explainer: What do the GST Council’s latest tax cuts mean for India’s farmers?
Tax exemptions on seed storage and coffee curing, alongside lower rates on retreaded tyres and psyllium seeds, aim to plug operational gaps and ease supply chain costs for growers.
3 min read15 Oct 2026Centre to review GST reforms with states, plug gaps ahead of April 2027 rollout
The review will assess whether the reforms recommended by the GST Council are being implemented effectively and delivering their intended benefits to businesses. Among the key proposals is the removal of GST officers’ arrest powers, alongside measures to simplify procedures.
4 min read13 Oct 2026GST compliance may tighten for businesses paying for overseas software, cloud and consulting services
The GST Council has proposed expanding e-invoicing to imported services and purchases from unregistered suppliers under the reverse charge mechanism for businesses with an annual turnover of ₹5 crore or more. A return correction mechanism is also proposed from April 2027.
2 min read12 Oct 2026Are we closer to a good and simple tax regime?
The GST Council has recommended procedural reforms to speed refunds, broaden input tax credit and simplify registration and compliance, while leaving tax rates unchanged. Will this pave the way for ‘One Nation, One Tax’?
5 min read12 Oct 2026Good and simple tax: How the GST Council's latest reforms are finally making it a reality
Almost a decade after India adopted the goods and services tax (GST), significant reforms are underway. The procedural changes approved by the GST Council could go a long way towards realizing its economic promise. Here’s what will change—and what’s pending.
2 min read12 Oct 2026GST registration FAQs: Application process, name change and modifications recommended at 57th Council meeting
Planning to get GST registration or update your existing details? The government has outlined changes to the registration and amendment process in 57th GST Council meeting, including simpler online procedures. Here is what taxpayers need to know about the application process.
2 min read11 Oct 2026GST's growth lift: How procedural reforms could act as a booster shot for the Indian economy
India can expect capital to flow more efficiently and give businesses the competitiveness they need with the reforms approved by the GST Council. Here's how the changes create an enabling environment for faster GDP growth.
3 min read11 Oct 2026GST cancellation rules FAQs: Application process, approval and changes recommended at 57th Council meeting
The 57th GST Council has recommended changes to simplify GST registration cancellation, including automatic processing of applications and system-based cancellation for certain defaults. What do business owners need to know about the application process and other key deadlines?
3 min read9 Oct 2026Mint Quick Edit | India’s latest GST reforms should help turn production more competitive
The broad aim of the GST Council's reform package is to ease processes and compliance. A big gain will be the working capital that would be unlocked—especially for businesses with long or highly taxed supply chains. The changes deserve a warm welcome.
1 min read9 Oct 2026GST Council Meeting Oct 2026: List of decisions taken - arrest, prosecution, general penalty and more
GST Council Meeting October 2026: Key decisions include ending arrest powers for GST officers, raising the prosecution threshold to ₹5 crore, reducing penalties, faster refunds and simpler registration processes.
3 min read8 Oct 2026Wait for it…
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