To be chaired by Interim Finance Minister Piyush Goyal, the Goods and Services Tax (GST) Council will meet on Saturday for the 28th time.
It is crucial in that the council will discuss some crucial changes in the new indirect tax regime.
This will include simplified tax return, lowering tax slabs on about 30 odd items and to consider cess on sugar.
However, the most-awaited decision is on the single tax return filing system.
The GST Council is likely to give relief to thousands of taxpayers under the new GST regime.
Another breather could come from reduction of GST on 30 odd items including sanitary napkins, handlooms and handicrafts, among others.
This will be the first time when Piyush Goyal will chair the meeting of GST Council after taking charge as Finance Minister in the absence of Arun Jaitley.>