Goods & Service Tax (GST) 10 November 2026
Global GST Updates: Singapore Vault, Indian Toll, Canada Budget
Singapore’s Monetary Authority launched a gold‑vaulting service for central banks and extended GST waivers to wholesale trade. India’s barrier‑less toll plazas reported more unidentified vehicle trips, pointing to e‑way bill and FASTag gaps. Canada’s 2026 budget set new GST/HST input‑tax credit rates for banks and insurers and broadened tax relief on groceries, gas and heating.
Key Updates
- Singapore: The Monetary Authority of Singapore introduced a gold‑vaulting service for central banks and extended GST waivers to wholesale activities. Read more
- India: Barrier‑less toll plazas flagged a rise in unidentified vehicle trips, exposing gaps in the e‑way bill and FASTag system. Read more
- Canada: The 2026 budget announced new GST/HST input‑tax credit rates for banks and insurers and broadened tax relief on groceries, gas and heating. Read more
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