LatestIncome Tax 5 October 2026
GST Council Set to Vote on Major Process Reforms
The GST Council is expected to approve a suite of GST 2.0 reforms on Wednesday, aimed at overhauling the tax administration framework. Key measures include simplifying taxpayer registration, streamlining return filing, and introducing clearer rules for goods movement to reduce compliance burdens and improve predictability across the supply chain.
GST Council to Consider Sweeping GST 2.0 Reforms
The council is set to meet on Wednesday to vote on a package of changes designed to make the GST system more user‑friendly.
- Simplify registration processes for new taxpayers.
- Streamline return filing with fewer forms and clearer timelines.
- Provide more predictable rules for the movement of goods across state lines.
These steps aim to cut compliance costs and boost efficiency for businesses nationwide. For full details, see the Business Standard article.
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