GST rule changes and India workspace market updates, each with links to its official source.
GST updates ·
The 57th GST Council meeting removed GST officers' arrest powers, raised the prosecution threshold from ₹1 crore to ₹5 crore and cut the general penalty from ₹25,000 to ₹10,000, with changes effective from April 2027.
Coworking market ·
WeWork India signed a 160,744 sq ft lease in Pune with a ₹44 crore investment, while Knight Frank data shows global capability centres and flex operators taking a larger share of India's office leasing.
GST updates ·
Tax experts estimate the 57th GST Council's refund and input tax credit changes could release ₹25,000 to ₹60,000 crore in working capital, though the figures are not directly comparable.
Coworking market ·
UrbanVault leased 160,000 sq ft at Bengaluru's Helios Business Park, while Cushman & Wakefield data shows net office leasing fell 20% in Jan–Sep 2026 even as gross leasing hit a record.
GST updates ·
The government will bring a faceless, single-window assessment system for about two lakh GST taxpayers registered under multiple CGST jurisdictions, with public consultation by year-end.
Coworking market ·
WeWork India opened new centres in Bengaluru and Pune adding about 2.25 lakh sq ft, while enterprise operator Table Space filed its draft IPO papers to raise ₹800 crore.
GST updates ·
The 57th GST Council backed letting small e-commerce sellers use an operator's warehouse as their place of business. Most reforms start 1 April 2027.
Coworking market ·
Office leasing in India's top cities reached about 66 million sq ft in January–September 2026, with flex operators taking around 24%, new data shows.
GST updates ·
The 57th GST Council meeting on 8 October 2026 recommended removing arrest provisions, a lower general penalty and simpler registration. What it means.
Coworking market ·
Cushman & Wakefield data shows flex operators leased 191,306 seats across India's top eight cities in H1 2026, up 68.4% year on year.
Coworking market ·
Colliers India reports 54.4 million sq ft of office leasing across the top seven markets in Jan–Sep 2026, up 7%, with GCCs and flex operators driving demand.
Coworking market ·
Crisil Ratings expects India's flex workspace capacity to grow 16–18% over two fiscals to 140–145 million sq ft, with expansion into Tier II cities.
GST updates ·
From the January 2026 tax period, the GST portal auto-computes interest in GSTR-3B Table 5.1 using the minimum cash ledger balance. Here is what changed.
GST updates ·
GSTN announced mandatory Ship-to GSTIN capture and a voluntary e-Way Bill closure facility in May 2026; the rollout timeline was later revised.