← Top stories
Policy● Neutral for Indian equities
What should businesses expect from the 57th GST Council meeting
The brief
- The 57th GST Council meeting follows several rounds of discussion on rate adjustments
- The objective is a simpler, streamlined rate structure
- GST rate changes could affect costs and demand for Indian businesses across sectors
- GST revenue rises to ₹2.03 lakh crore in September but share of domestic sources falls to all-time low
- GST state-wise collection September 2026: Assam jumps 88%, UP 18%; Tamil Nadu falls 5%
- September GST collections rise 14.7% to ₹2.04 lakh crore
- GST Council to simplify processes, cut penalties