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GST Council to satisfy on Sept 9 remuneration roadmap may flex into FY26 Economy &amp Policy News

.4 minutes read Last Upgraded: Sep 04 2024|12:12 AM IST.The all-powerful Item and also Provider Income Tax (GST) Council, at its upcoming meeting on September 9, is actually anticipated to provide a roadmap for the remuneration cess that will likely proceed "properly in to" 2025-26 (FY26), and likewise go over whether it needs to eventually be substituted with a tax obligation or a cess, state authorities officials.An inner assessment, these authorities reveal, suggests that the compensation cess needs to have to proceed till FY26 to satisfy the determined deficiency of Rs 1.37 trillion since March 2025.The GST Authorities, headed by Union Money management Official Nirmala Sitharaman and also with all state finance administrators as its participants,.