.4 minutes read through Final Improved: Sep 04 2024|12:12 AM IST.The all-powerful Item and also Services Tax (GST) Council, at its upcoming conference on September 9, is anticipated to offer a roadmap for the payment cess that will likely continue "effectively in to" 2025-26 (FY26), as well as likewise explain whether it needs to become substituted with an income tax or a cess, point out government authorities.An internal evaluation, these representatives uncover, recommends that the compensation cess requires to continue till FY26 to satisfy the estimated shortage of Rs 1.37 mountain since March 2025.The GST Council, headed through Union Money management Administrator Nirmala Sitharaman and along with all condition money management officials as its own participants,.