GST Council lowers time limit to acknowledge refund claims to 10 days: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman announced that the GST Council has reduced the time limit for acknowledging refund claims to 10 days. This change is part of broader efforts to streamline tax administration and improve business efficiency.
Why it matters
Reducing the acknowledgement timeline for GST refunds improves liquidity for businesses and enhances the ease of doing business in India.
Account subscription benefits alongside Premium Stories, Editorials, Opinions and more. Unlock these with Subscription
The View From India Looking at World Affairs from the Indian perspective.
First Day First Show News and reviews from the world of cinema and streaming.
Today's Cache Your download of the top 5 technology stories of the day.
Science For All The weekly newsletter from science writers takes the jargon out of science and puts the fun in!
Data Point Decoding the headlines with facts, figures, and numbers
THEdge At the cutting edge of education and careers
Health Matters Ramya Kannan writes to you on getting to good health, and staying there
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in