The GST Council has approved a concept note for an optional compliance scheme aimed at small businesses with an annual turnover of up to ₹5 crore that supply exclusively to consumers, Union Finance Minister Nirmala Sitharaman said.
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https://www.livemint.com/news/india/gst-council-approves-optional-quarterly-tax-payment-scheme-for-small-businesses-11791482817472.html
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GST Council approves optional quarterly tax payment scheme for small businesses | Today News
Under the proposed scheme, eligible businesses would be required to file only one annual return while making tax payments on a quarterly basis
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1October 8, 2026 3.5K 1
