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Unveils reforms to ease refund, registration and reduce litigation
The GST Council approved major administrative reforms, including removing arrest powers, raising the prosecution threshold to five crore rupees, and ensuring faster refunds, aiming to foster trust and ease business compliance by April 2027.
With four days remaining, 154 of 598 government projects are incomplete, leading to a directive to fast-track their implementation, despite some claimed completions lacking objective achievement.
Kerala's September GST collections grew 11% year-on-year to ₹3,328 crore, reflecting continued economic expansion within the state.
Kerala's GST collection hit a record ₹3,408 crore in September, boosted by Onam spending. The state receives ₹18 for every ₹100 it distributes.
Kerala's SGST Joint Commissioner Vijayani Rajan is suspended pending investigation into allegations of acquiring assets disproportionate to her income, estimated at over £2.8 million.
The GST department intends to levy a £56 million tax demand, including penalty and interest, on Reporter Broadcasting Company for its involvement in the Argentina football team's visit, despite claims of no tax liability.
A tax fraud probe into Reporter Broadcasting Company has escalated into a wider investigation by multiple agencies into alleged financial, regulatory, and criminal violations by Anto Augustine and associates.
An 18% GST will be applied to UPI transaction Merchant Discount Rates above ₹2,000, increasing the effective MDR. Person-to-person transactions are exempt.
Chief Minister V D Satheesan defended police raids on Reporter Broadcasting Company, stating they were legal and investigated a GST fraud and controversy regarding Lionel Messi's proposed visit. Opposition criticised the action.
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