The GST Group of Ministers (GoM) on rate rationalisation has finalised its report recommending sweeping changes to tax rates on 148 items, including a significant overhaul for the textile sector. The ...

India's textile industry is poised for significant growth following GST reforms effective September 2025. These changes address the inverted duty structure, reducing input costs for synthetic textiles ...

In the pre-budget meeting chaired by Union Finance Minister Nirmala Sitharaman, states like Gujarat, West Bengal, Delhi, Rajasthan and Tamil Nadu said that they are not in favour of a hike in Goods ...

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 decision to increase Goods and Services Tax rate on textiles from 5% to 12% has been put on hold, Finance Minister Nirmala Sitharaman announced on Friday. The finance minister was briefing the ...

Ease of Doing Business for MSMEs: Urging Commerce Minister Piyush Goyal to withdraw proposed GST hike on textiles from 5 per cent to 12 per cent instead of deferring it, traders represented by ...

Highlighting the recent protests in different parts of the country including Surat, Anand Bhaskar Rapolu (Congress) said GST will disburb the handloom sector and demanded that the sector should be ...

Surat: Textile traders on Monday protested against the goods and services tax (GST) in Surat and allegedly pelted policemen with stones, forcing the law enforcement personnel to baton charge, a senior ...

Traders protest textile GST Textile traders in the city kept their shops shut today to protest the proposed imposition of 5 per cent goods and services tax (GST) on fabrics and the allegedly ...

The proposed hike in the GST rate on textiles from 5% to 12% will be kept on hold, the GST Council has decided in its meeting on Friday, finance minister Nirmala Sitharaman said announcing the ...