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GST Council 2026 Proposes Major GST 2.0 Reforms
The GST Council met in New Delhi in 2026 to propose a GST 2.0 overhaul with stricter input tax credit rules, faster refunds and a review of rate slabs. Aimed at curbing evasion and easing compliance, the changes could affect businesses nationwide.
The GST Council met in New Delhi and outlined a GST 2.0 reform package.
- Stricter rules for input tax credit to prevent misuse.
- Accelerated refund processing timelines.
- Review of rate slabs and possible adjustments.
These steps aim to curb tax evasion, simplify compliance and could impact businesses across sectors. For full details see the GST Council meeting 2026 article.
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