Economy

GST reforms: 16 lakh small businesses may get annual return option, easier e-commerce selling

· 8 October 2026 · 2 min read
GST reforms: 16 lakh small businesses may get annual return option, easier e-commerce selling

The Economic Times has reported a new India-focused economy development: “GST reforms: 16 lakh small businesses may get annual return option, easier e-commerce selling.” The publisher's feed describes the story as follows: More than 16 lakh small businesses with turnover up to Rs 5 crore could benefit from a simplified GST compliance regime, under which they would pay tax quarterly but file one return annually. The overhaul also rationalises penalties, waives late fees and simplifies registrati

Original reporting by The Economic TimesRead the full story

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