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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 disappointment…
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. However,…
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The Union Minister (L) said that the State remains dedicated to supporting reforms that simplify the GST framework, ensure fairness, and cater to the unique needs of Arunachal Pradesh. | Photo Credit: X/@ChownaMeinBJP Arunachal Pradesh Deputy Chief Minister Chowna Mein stated that the government is committed to support GST reforms for fostering economic growth and…
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Union Finance Minister Nirmala Sitharaman chairs the 55th meeting of the GST Council, in Jaisalmer, on December 21, 2024. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on Saturday (December 21, 2024) said that States did not agree on bringing aviation turbine fuel under the ambit of Goods and Services Tax. “States did not feel…
