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GST Council to meet on September 9 payment roadmap might extend in to FY26 Economic Climate &amp Policy News

.4 min read Final Upgraded: Sep 04 2024|12:12 AM IST.The all-powerful Goods as well as Solutions Tax (GST) Authorities, at its upcoming meeting on September 9, is actually expected to supply a roadmap for the payment cess that are going to likely proceed "effectively in to" 2025-26 (FY26), and also review whether it must become switched out along with a tax or a cess, state government officials.An inner examination, these representatives disclose, advises that the compensation cess needs to have to proceed till FY26 to satisfy the estimated shortfall of Rs 1.37 trillion since March 2025.The GST Council, moved through Union Money management Official Nirmala Sitharaman and also along with all state financing ministers as its own participants,.