.4 min reviewed Last Updated: Sep 04 2024|12:12 AM IST.The all-powerful Item and also Provider Tax (GST) Council, at its upcoming meeting on September 9, is assumed to deliver a roadmap for the settlement cess that will likely carry on “properly into” 2025-26 (FY26), and additionally go over whether it must eventually be changed along with an income tax or even a cess, state authorities representatives.An internal analysis, these authorities disclose, recommends that the compensation cess needs to carry on till FY26 to comply with the approximated shortage of Rs 1.37 trillion as of March 2025.The GST Authorities, moved by Union Financial Minister Nirmala Sitharaman and also with all state finance administrators as its participants,.