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GST Authorities to meet on Sept 9 compensation roadmap may extend in to FY26 Economic Climate &amp Plan Updates

.4 min read through Final Upgraded: Sep 04 2024|12:12 AM IST.The all-powerful Item and also Companies Income Tax (GST) Council, at its own upcoming meeting on September 9, is expected to offer a roadmap for the compensation cess that will likely carry on "well into" 2025-26 (FY26), and additionally discuss whether it should become replaced along with an income tax or a cess, point out government representatives.An inner analysis, these authorities reveal, proposes that the remuneration cess requires to continue till FY26 to satisfy the determined deficiency of Rs 1.37 trillion since March 2025.The GST Authorities, moved through Union Financial Official Nirmala Sitharaman as well as with all state money management ministers as its own participants,.