Policy● Neutral for Indian equities
GST arrest powers may be removed? Council to discuss decriminalisation on Wednesday; law change likely in Winter Session
The brief
- The GST Council will discuss removing arrest powers on Wednesday; a law change is likely in the Winter Session
- Changes to GST enforcement could affect compliance costs for Indian businesses across sectors
- GST Council May Allow Input Tax Credit On Group Insurance, Vehicles Taken On Lease
- GST Law Committee proposes higher prosecution threshold, shorter jail terms
- GST Council may consider scrapping arrest powers over tax offences at Oct 7 meeting: Report
- ‘Big relief’ for online gaming: Sanjit Bangar flags sharp GST demand cuts, no director penalties
- SEBI examines non-agri position limits to improve market liquidity
Decriminalising GST: Law panel proposes end to arrest powers, higher evasion thresholds
Sunday, 4 October
- GST arrest powers may be removed? Council to discuss decriminalisation on Wednesday; law change likely in Winter Session