India updates tax and refund rules starting November 1
India will implement eased rules for post-sale discounts and faster provisional refunds on November 1. These measures were originally announced in the recent federal budget.
India will implement revised goods and services tax rules for post-sale discounts and accelerate provisional refunds starting November 1. The policy changes originate from the 2026-2027 fiscal budget framework. The adjustments target liquidity bottlenecks for businesses operating under inverted duty structures.
