GST reforms most positive for footwear, quick restros, FMCG, grocery retailers: ReportBernstein reports that GST rate cuts will likely boost India's consumption. Footwear, QSRs, FMCG, and grocery retailers may benefit. Person...
06 Sep, 2025, 01.47 PM IST
Amber Enterprises, Trent among key winners of GST-driven demand upswingIndia's retail sector anticipates a consumption boost. The GST Council's tax slab rationalization aims to reduce prices on many goods. Appa...
06 Sep, 2025, 01.11 PM IST
Bata begins giving GST rationalisation benefits to customersBata India has launched its "Bata Price Promise" initiative, proactively implementing the GST rate cut on footwear priced below Rs 1,000 be...
04 Sep, 2025, 05.26 PM IST
Footwear stocks rise up to 7% as GST slashed to 5% on pairs below Rs 2,500Footwear company stocks surged following the GST Council's decision to reduce the GST rate on shoes priced up to Rs 2,500 from 12% to 5%. T...
04 Sep, 2025, 10.35 AM IST
GST on footwear, apparels priced at Rs 2,500 cut to 5%The GST Council has likely approved reducing the GST rate on footwear and apparel priced up to Rs 2,500 to 5%. Previously, this rate applie...
03 Sep, 2025, 07.24 PM IST
Pricey unity of textile GST ratesReform should entail having a central rate for the vast majority of goods, a merit rate and a demerit rate. But this requires political wil...
30 Dec, 2021, 11.19 PM IST
States demand GST rate hike on textiles be put on holdIn the pre-budget meeting chaired by Union Finance Minister Nirmala Sitharaman, states like Gujarat, West Bengal, Delhi, Rajasthan and Tami...
30 Dec, 2021, 07.57 PM IST
New GST rates on textile likely from JanuaryThe sector had opposed the increase citing higher compliance costs, especially for the unorganised sector and micro, small and medium enter...
23 Dec, 2021, 06.53 AM IST
Traders up in arms against 12% GST on textiles, footwearCAIT National President B.C. Bhartia and Secretary General Praveen Khandelwal said that in the cotton textile industry there was no inverte...
25 Nov, 2021, 02.58 PM IST
CBIC notifies rate changes for apparel, footwear and textiles from Jan 1, 2022GST Council in its meeting in September had decided to correct inverted duty structure on footwear and textiles, which it said will come in...
19 Nov, 2021, 05.31 PM IST
GST rate cut to bring renewed interest in beneficiary stocksET takes a look at the outlook for beneficiaries of the reduction in the rates.
24 Jul, 2018, 08.14 AM IST
India has the largest footwear market in the world: Adesh Gupta, CEO, Liberty ShoesThe footwear industry has been recognised by the Govt as a focus sector in the Make in India whether we do it for India or we do it for the...
29 Jun, 2017, 01.11 PM IST
Liberty Shoes may hike prices by up to 10% to offset GSTIn the new Goods and Services Tax (GST) regime, to be rolled out from July 1, footwear below Rs 500 will be taxed at 5 per cent, while the ...
09 Jun, 2017, 02.54 PM IST
Investors cheer retailers facing lower tax ratesShares of companies like Relaxo, Bata gained 4.31% and 0.94%, respectively.
06 Jun, 2017, 08.51 AM IST
GST to be 5% on footwear below Rs 500, 18% on restThe GST Council, chaired by Arun Jaitley and comprising his state counterparts, today decided on tax rates for six goods including footwear...
03 Jun, 2017, 07.04 PM IST
Minister Deshpande wants footwear, textiles and biscuits under low GST slabHe urged Finance Minister Arun Jaitley to put items such as footwear, textiles and biscuits under a low GST rate as they are used by the ma...
01 Jun, 2017, 11.15 AM IST
Budget 2015: Footwear industry says duty cut to help competitivenessEY, Tax Partner, Bipin Sapra said, "The decrease in price of footwear is a welcome move amidst the increase in cost of living of a middle c...
28 Feb, 2015, 07.27 PM IST