LatestIncome Tax 6 October 2026
GST 2.0 to Swap Arrests for Fines on Tax Defaulters
India's GST Council is considering GST 2.0 reforms that would replace arrests of tax defaulters with monetary fines, easing compliance pressure while safeguarding revenue. The proposal also seeks simpler filing and quicker dispute resolution.
India's GST Council is reviewing *GST 2.0* reforms that would replace criminal arrests of tax defaulters with monetary fines. The change aims to reduce compliance pressure while protecting revenue.
- Fines replace arrests for non‑payment or evasion
- Simpler filing procedures introduced
- Faster resolution of disputes
Read the full report here.
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