BusinessPhoto: Amar BusinessGST Council Approves Major Reforms to Ease Burden on Small Traders
On October 8, the GST Council approved significant changes including raising prosecution limits, reducing general fines, and restricting tax officers' arrest powers. These reforms, effective from April 1, 2027, aim to reduce compliance burdens, especially benefiting small traders, MSMEs, and startups. Industry leaders like Manoj Jalan of India Merchant Chamber welcomed the decision as a major relief for millions of small businesses.
Amar Business·




