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GST Council to meet on Sept 9 compensation roadmap might flex in to FY26 Economy &amp Plan Information

.4 min checked out Final Upgraded: Sep 04 2024|12:12 AM IST.The all-powerful Goods as well as Services Income Tax (GST) Council, at its upcoming meeting on September 9, is assumed to give a roadmap for the settlement cess that will likely continue "effectively right into" 2025-26 (FY26), and likewise explain whether it should eventually be substituted with an income tax or a cess, state authorities authorities.An interior evaluation, these authorities expose, suggests that the remuneration cess needs to have to proceed till FY26 to comply with the predicted deficiency of Rs 1.37 trillion since March 2025.The GST Council, headed through Union Finance Minister Nirmala Sitharaman and with all state money administrators as its members,.