.4 minutes went through Last Updated: Sep 04 2024|12:12 AM IST.The all-powerful Product and Services Tax Obligation (GST) Council, at its own upcoming appointment on September 9, is actually expected to supply a roadmap for the payment cess that will likely carry on "well in to" 2025-26 (FY26), and likewise review whether it needs to eventually be substituted with an income tax or a cess, say authorities representatives.An interior analysis, these representatives expose, advises that the compensation cess needs to have to proceed till FY26 to meet the determined shortage of Rs 1.37 trillion since March 2025.The GST Authorities, headed by Union Financing Administrator Nirmala Sitharaman as well as along with all state financial administrators as its own participants,.