GST meet gets a BRICS break, Oct to bring real test

Nifty23, 897.7024.25. Gold (MCX) (Rs/10g.)152, 815.00-2960.0.

Key points

• New DelhiL The GST Council session, originally scheduled for September 12, has been postponed to October 7 on account of the BRICS summit.
• The GST Council session has been rescheduled to October 7 due to the BRICS summit.
• The Economic Times daily newspaper is available online now.

What happened

Nifty23, 897.7024.25. Gold (MCX) (Rs/10g.)152, 815.00-2960.0. The Economic Times daily newspaper is available online now. GST Council session rescheduled to October 7 due to BRICS summit. GST Council session rescheduled to October 7 due to BRICS summit. PTILast Updated: Sep 06, 2026, 06: 47: 00 PM IST.

For context, the GST Council session has been rescheduled to October 7 due to the BRICS summit. This session will occur after a gap of over a year for the council. Discussions will focus on simplifying GST registration for businesses passing tax credits. Automation and changes in GST registration cancellation are additionally on the agenda. For context, the council previously approved a simplified scheme for small and low-risk businesses.

New DelhiL The GST Council session, originally scheduled for September 12, has been postponed to October 7 on account of the BRICS summit. India is hosting the annual BRICS summit in New Delhi on September 12 and 13. It is projected to deliberate on a number of pressing global challenges, including the economic consequences of the West Asia crisis. BRICS, originally comprising Brazil, Russia, India, China, and South Africa, expanded in 2024 to include Egypt, Ethiopia, Iran, and the United Arab Emirates, with Indonesia joining in 2025.

The bottom line

For now, GST meet gets a BRICS break, Oct to bring real test remains the part of the story worth watching, and further updates are likely as more details are confirmed.