LatestGoods & Service Tax (GST) 1 October 2026
GST and Tax Updates Across Asia and India
The Comptroller and Auditor General flagged a weak GST recovery in Odisha, collecting just ₹110 crore against expectations. Meanwhile, SEZ exits face hidden tax traps, MCX confronts a ₹103 crore GST notice, and Singapore plans double U‑Save rebates for over a million households. Brazil retailers may keep tax‑inclusive pricing, Gen Z’s spend fuels new financial tools, and authorities issue SOPs for GST appeal replies while reminding taxpayers about missed rebate deadlines.
- India: CAG flags only ₹110 crore GST recovered in Odisha vs projected amounts Read more. MCX hit with a ₹103 crore GST notice for FY23 Details. New SOP guides respondents on filing replies to GST appeals Info. SEZ exit may trigger hidden tax traps and unrecoverable benefits Analysis.
- Singapore: Over 1 million HDB households to receive double U‑Save rebates in October Report.
- Brazil: Retailers likely to keep tax‑inclusive prices after new dual VAT reform Story.
- Consumer Trends: Gen Z’s “little treat” economy drives demand for tax‑relief tools Read.
- Compliance Reminder: Missed GST/HST rebate deadline? Options exist for late claims Guide.
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