The government's move to increase goods and service tax on textiles, when input costs are already rising, is facing resistance from the industry. The two ministries involved also differ. On Nov. 18, ...

The textile industry has welcomed the recommendations of the 56th GST Council meeting, held in New Delhi on September 3, describing them as a timely boost for MSMEs and exporters, particularly in the ...

The government is preparing a fresh round of changes to the Goods and Services Tax (GST) structure, with a focus on sectors that are under pressure after the United States imposed a 50% tariff on ...

Industry sees a single 5 per cent slab across textiles as crucial to ease inverted duty pain, free up cash, and revive growth momentum As the Modi government is preparing for a fresh round of changes ...

GST Council has decided to defer hike in GST on textiles from 5 per cent to 12 per cent, as per the sources of Zee Business. The matter will be discussed again in the next Council meet for future ...

(MENAFN- IANS) New Delhi, Sep 26 (IANS) The GST 2.0 reforms have reduced tax rates across diverse sectors from automobiles and textiles to fertilisers, steel, pharmaceuticals and renewables, which ...

Voicing concern over GST Council’s decision imposing an 18% levy on garments priced above ₹2,500, the Telangana State Federation of Textile Associations has appealed for a 5% levy on all readymade and ...

. Two-wheelers and bicycles grew 18 percent, compared with 23 percent previously. Despite a marginal rise in headline GST collections in November, sectoral data reveal a mixed consumption pattern, ...