Economy

GST Council scraps tax officers' arrest powers; prosecution threshold raised to Rs 5 cr

· 8 October 2026 · 2 min read
GST Council scraps tax officers' arrest powers; prosecution threshold raised to Rs 5 cr

The Times of India has reported a new India-focused economy development: “GST Council scraps tax officers' arrest powers; prosecution threshold raised to Rs 5 cr.” The publisher's feed describes the story as follows: <![CDATA[The GST Council made a landmark decision by abolishing the arrest powers of tax officers. They've raised the prosecution threshold from Rs 1 crore to Rs 5 crore, easing the pressure on small sellers using e-commerce platforms. Union Finance Minister Nirmala Sitharaman anno

Original reporting by The Times of IndiaRead the full story

Intellectual Janata displays only original summaries of externally sourced news and links readers to the original publisher.

#economy#india

Related reading

IJP
News Brief
Sebi to issue norms on closing auction soon: Sebi chief
Economy·Mint·10 Oct 2026

Sebi to issue norms on closing auction soon: Sebi chief

Read full story →
IJP
News Brief
RBI may hike repo rate by 75-100 bps in current cycle as inflation persists- SBI Capital flags December hike risk
Economy·Mint·10 Oct 2026

RBI may hike repo rate by 75-100 bps in current cycle as inflation persists- SBI Capital flags December hike risk

Read full story →
IJP
News Brief
How RBI is borrowing from China playbook to defend rupee
Economy·The Indian Express·10 Oct 2026

How RBI is borrowing from China playbook to defend rupee

Read full story →
IJP
News Brief
SBI, HCL Tech, Eicher Motors: Top 3 stock picks by Sumeet Bagadia | Target, stop-loss, Nifty, Bank Nifty outlook
Economy·Mint·10 Oct 2026

SBI, HCL Tech, Eicher Motors: Top 3 stock picks by Sumeet Bagadia | Target, stop-loss, Nifty, Bank Nifty outlook

Read full story →