[ad_1] The increase of the 5% limit for garments from ₹1,000 each to ₹2,500 is a positive move, said the Cloth Manufacturers Association of India (CMAI). File | Photo Credit: The Hindu The textile industry, which welcomed the revision of GST rates for the textile value chain in both manmade fibre and cotton sectors, expressed […]
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[ad_1] The council slashed GST rates on air-conditioners and dishwashers from 28% to 18%, whilst it standardised the rate on all types of televisions to a lower 18%. Representational file image. | Photo Credit: The Hindu The reduction of GST rates on air-conditioners and dishwashers and the standardisation of rates for all television variants at the […]
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[ad_1] The Goods and Services Tax (GST) Council, during its 56th meeting, decided to revamp the tax structure into a primarily two-rate system as proposed by the Central government, Union Finance Minister Nirmala Sitharaman announced on Wednesday. She added that the decisions would come into effect from September 22 for most items. Only tobacco and […]
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[ad_1] Highlighting the devastating impact of the Pahalgam terror attack on the economy of Jammu and Kashmir, Chief Minister Omar Abdullah on Wednesday (September 3, 2025) sought the Centre’s support to deal with the situation. The Union Territory (UT) was facing a severe fiscal crisis as its public revenues had “collapsed” in the aftermath […]
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[ad_1] Kerala is expected to press for the continuation of the Goods and Services Tax (GST) compensation to States at the upcoming GST Council meeting in the context of the proposed GST shake-up and the impact of the U.S. tariffs on the State’s exports. Kerala has repeated the demand for the continuation of the GST […]
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[ad_1] From July 18, tax hikes will kick in for over two dozen goods and services, ranging from unbranded food items, curd and butter milk to low-cost hotels, cheques and maps, the Goods and Services Tax (GST) Council decided after a marathon two-day meet that concluded on Wednesday. At the same time, tax rates will […]
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[ad_1] A two-day meeting of the panel considered a report of the GoM but deferred a decision as Goa and some others wanted to make more submissions A two-day meeting of the panel considered a report of the GoM but deferred a decision as Goa and some others wanted to make more submissions The GST […]
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