GST Reforms (GST 3.0) Whispers

Speculation of “GST 3.0” rollout in 2026, including stricter ITC validation and CTO discretion on invalid credits, potentially adding penalties back to 2017. Predictions of higher evasion probes post-Diwali, with freebies (e.g., Ladli Behan, Bihar schemes) funding via expanded tax nets. Trend: Shift to AI-driven audits reducing human bias but increasing disputes.