India’s GST Council approves an annual filing, quarterly payment scheme that small taxpayers with annual turnover of up to 5 million rupees can opt into

India’s GST Council has approved in principle the optional Annual Return Quarterly Payment (ARQP) scheme. It applies to taxpayers with total turnover of no more than 5 million rupees in the previous financial year who supply only to unregistered individuals. An average of about 168,500 taxpayers per year are eligible, 99% of whom have turnover of no more than 5 million rupees.