Stories
GST Council to Meet on Oct 7: Key Decisions Expected on Business Ease, Investment Pacts
C
CNBC Awaaz•26-09-2026, 18:12
GST Council to Meet on Oct 7: Key Decisions Expected on Business Ease, Investment Pacts
- •The GST Council meeting is scheduled for October 7 to discuss process improvements and measures to simplify doing business.
- •The government is finalizing a new framework for investment agreements between two countries, expected to be approved soon.
- •India is actively working on finalizing investment agreements with several countries, including ongoing talks with Canada.
- •Tax-related matters will not be included in these investment agreements, as taxation laws fall under Parliament's purview.
- •The sale of the government's stake in IDBI Bank is proceeding according to its planned schedule.
Key Questions Answered
The GST Council meeting is scheduled to be held on October 7, where it is expected to primarily discuss process improvements and measures to ease doing business.
No, tax-related matters will not be included in the new bilateral investment agreements because the power to make laws concerning taxation rests exclusively with Parliament.
According to sources in the Ministry of Finance, the process of selling the government's stake in IDBI Bank is progressing according to the planned schedule.
