Tuesday, October 27, 2026 | 09:29 PM ISTहिंदी में पढें

Home / Economy / News / Reforms on the cards: GST Council likely to shun mid-year rate changes

PART 1 OF 8

Deep Dive

GST's next big reset

Part 1 of 8

Reforms on the cards: GST Council likely to shun mid-year rate changes

Officials expect the rate structure to be reviewed only once a year henceforth, and any changes will take effect from April 1, not in the middle of the financial year

GST Council, Goods and Services Tax, GST Revamp, GST rates

premium

At the upcoming GST Council meeting, a bouquet of process reforms is expected to be put forth

Part 1 of 8

Listen to This Article

The structure of the Goods and Services Tax (GST) is expected to largely remain unchanged for at least five to six years once the GST Council, at its 57th meeting on Thursday, clears a slew of process reforms.

Officials expect the rate structure to be reviewed only once a year henceforth, and any changes will take effect from April 1, not in the middle of the financial year.

“We won’t tweak the rates any more unless there is a real reason, and it will be done only once a year and not every time the GST Council meets. Once a