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 ...

IT seems that the government is determined to implement the reformed general sales tax, which is just a nomenclature change of value-added tax, on the textile sector. Although in its true spirit VAT ...

Tanay Rastogi, the sixth generation in his family in the business of textiles owns multiple stores of high brand wedding clothes in the major markets of the capital, including Chandni Chowk, Karol ...

. 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, ...

Consumption has improved across most product categories where GST rates were reduced as part of the government’s rate rationalisation exercise, but textiles and two-wheelers have not seen the expected ...

After slashing goods and services tax (GST) rates in September, the Centre and states are now gearing up to fix the tax system’s next fault line—inverted duty structures, according to two persons ...

Add Yahoo as a preferred source to see more of our stories on Google. A cloth merchant holds message papers to distribute as he attends a procession during a strike to protest the implementation of ...