<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Economy on Indian Politics</title><link>https://indianpolitics.co/categories/economy/</link><description>Recent content in Economy on Indian Politics</description><generator>Hugo</generator><language>en-IN</language><lastBuildDate>Thu, 08 Oct 2026 18:06:42 +0530</lastBuildDate><atom:link href="https://indianpolitics.co/categories/economy/index.xml" rel="self" type="application/rss+xml"/><item><title>GST Council removes officers' arrest powers, raises prosecution threshold to Rs 5 crore</title><link>https://indianpolitics.co/news/2026/10/gst-council-removes-arrest-powers-raises-prosecution-threshold/</link><pubDate>Thu, 08 Oct 2026 18:06:42 +0530</pubDate><guid>https://indianpolitics.co/news/2026/10/gst-council-removes-arrest-powers-raises-prosecution-threshold/</guid><description>&lt;p&gt;The GST Council on Thursday, 8 October 2026, approved a package of process reforms that removes the power of Goods and Services Tax officers to arrest taxpayers and raises the threshold for prosecution from Rs 1 crore to Rs 5 crore, IANS, The Economic Times and NDTV Profit reported. The Council, chaired by Union Finance Minister Nirmala Sitharaman, left GST rates unchanged at its 57th meeting in New Delhi.&lt;/p&gt;</description></item></channel></rss>