LatestStartup And Fundraising 8 October 2026
GST Council to Discuss Major Compliance Reforms Thursday
The GST Council is set to meet on Thursday to review a sweeping set of compliance reforms that aim to simplify filing, expand the tax base and tighten verification. The proposals target small businesses and seek to curb evasion while modernising the GST framework.
The GST Council will meet on Thursday to consider sweeping compliance reforms aimed at simplifying filing and broadening the tax base.
- Proposed changes include real‑time invoicing, reduced return frequency, and tighter GSTIN verification.
- The reforms target small businesses and aim to curb tax evasion.
For full details, see the Business Standard article.
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