Policy▲ Bullish for Indian equities
GST 2.0: Faster refunds, wider ITC, no arrests
- Next-gen GST: Taking India's reform journey forward
- Next-Gen GST and India's next phase of growth
- GST Council likely to ease audits for firms with multi-state operations
- GST 2.0: E-Commerce Sellers, Taxpayers May Get Relief As Centre Plans Compliance Overhaul
- GST exemption for banks, nominated agencies for gold, silver imports may be withdrawn
Proposed changes to GST enforcement powers
Proposals under discussion include removing GST officials’ arrest powers, requiring court-ordered arrests and setting a ₹5 crore prosecution threshold. The GST Council is set to discuss decriminalisation, with a law change considered likely in the Winter Session.
Monday, 5 October
- GST 2.0: Faster refunds, wider ITC, no arrests