February 4, 2026

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GST rate rationalisation 2025

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56th GST Council Meet Begins: Rate Rationalisation, Two-Slab Structure and Compensation Cess Future Lead Reform Agenda

News Desk04 mins

The 56th meeting of the Goods and Services Tax (GST) Council commenced in New Delhi on September 3, 2025, with Union Finance Minister Nirmala Sitharaman chairing the two-day deliberations. The Council is expected to take up one of the most significant overhauls of the GST regime since its inception in July 2017, with rate rationalisation,…

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GST Council Sets Stage for October Rollout with Crucial 2-Day Meeting on September 3–4

News Desk04 mins

With a tight deadline looming for the rollout of next-generation Goods and Services Tax (GST) reforms by October 2025, the GST Council will convene its 56th meeting over two days—September 3 and 4—in New Delhi. The meeting, chaired by Union Finance Minister Nirmala Sitharaman, will bring together finance ministers and senior officials from all states…

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