Tag: gst rate revision

CMAI seeks uniform 5% GST on apparel to correct ‘anomaly’

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[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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Rupee falls 12 paise to close at 88.14 against U.S. dollar

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[ad_1] The dollar index, which gauges the greenback’s strength against a basket of six currencies, was up 0.08% to 98.21. Representational file image. | Photo Credit: Reuters The rupee fell 12 paise to close at 88.14 (provisional) against the U.S. dollar on Thursday (September 4, 2025) amid sustained foreign fund outflows and a stronger greenback. […]

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