1. What the GST Council is considering: From arrest powers to faster refunds

What the GST Council is considering: From arrest powers to faster refunds

Business

  • The GST Council meets on Thursday to consider a package of reforms to tax administration.
  • One proposal would remove tax officers' power to make arrests altogether.
  • Another would unblock input tax credit on several business expenses, which companies have long sought.
  • The package also covers faster refunds and simpler registration, particularly for small taxpayers.

Source: economictimes.indiatimes.com

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