gst compensation

The government has notified the goods and services tax (GST) compensation cess extension to March 2026. Through a gazette notification, the finance ministry confirmed the period of extension up to March 2026. The extension will also help…

The GST Council at its meeting next week is likely to be a stormy affair with the opposition-ruled states aggressively pushing for the continuation of compensation for revenue loss, while the Centre will defend such a move citing a tight…

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Several states are pressuring Prime Minister Narendra Modi’s government to extend a programme to continue compensation for losses from a goods and services tax or risk a stalemate in attempts to further simplify the structure. It poses…