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IMPACT OF GST ON CLOTHING
Higher petrol, diesel prices threaten to rekindle inflation pressures: ReportFuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflatio...- 'GST cuts shave 0.12 pp off October retail inflation'With October's retail inflation dipping to a historic low of just 0.25%, recent GST reductions are starting to show their impact, albeit su...
- GST cut to stitch 200 bps boost for apparel retailers: CrisilGST rationalization is projected to boost India's organized apparel retail sector's revenue growth to 13-14% this fiscal. A uniform 5% GST ...
- GST rationalisation to boost organised apparel retail revenue growth by 200 bps: Crisil RatingsThe recent rationalisation of Goods and Services Tax (GST) is expected to add about 200 basis points to the revenue growth of India's organ...
- Will a 20% discount on readymade shirt priced Rs 3000 save 13% more on GST for you?Effective September 22, 2025, India implements revised GST rates on apparel. Clothing priced between Rs 1,000 and Rs 2,500 will benefit fro...
- GST hike on apparel above ₹2,500 to hit demand: IndustryThe Clothing Manufacturers Association of India (CMAI) called the decision a big blow to the middle class and the organised sector of garme...
- GST rate hike to cripple India's garment industry: Clothing Manufacturers Association of IndiaThe government plans to increase taxes on garments costing over Rs 2,500. Clothing Manufacturers Association of India (CMAI) warns this wil...
- RAI says there is need for Emergency Credit Line Guarantee Scheme for biz establishmentsRAI said there is a need for the ECLGS for business establishments of the sector, which have been impacted by COVID-19-related restrictions...
- Higher GST on textiles, footwear unlikely todayThe industry and various states have opposed the increase in the tax to 12% from 5% effective January 1, citing higher compliance cost, esp...
- GST hike from January 1: How hard will the changes hit textile & handloom industry?This tax increase will aid the Centre, which is experiencing a revenue shortage as a result of recent fuel duty cuts, by stabilising tax re...
- CPI could rise 100-125 bps if GST rates raised as suggested by the finance commission: Report"We estimate that headline consumer price index (CPI) would rise by 100-125bps in the event of an effective 1percentage point(ppt) increase...
- ‘Completely unjustifiable’ GST rate hike on apparel, textiles and footwear show the Govt has no easy choicesThe Government wanted to correct a tax anomaly, but in the process the apparel, textiles and footwear sectors believe the move would lead t...
- Centre urged to defer GST rate hike on apparelsThe proposed merger of 12 per cent and 18 per cent slabs to a single rate will result in a staggering increase of 30 per cent in the GST ra...
- Businesses unaffected in Punjab, Haryana in 'Bharat Vyapar Bandh'In Punjab's Hoshiarpur, Amritsar and Tarn Taran, shops and commercial establishments remained functional as usual and the impact of the ban...
- What retail start-up bosses want this Budget: Revised GST on apparel, shopping refund to foreignersThese bosses are batting for GST changes that will benefit not just the industry players but also consumers.
- How GST has taken the suspense out of BudgetThe GST has shorn the Budget of its mystery by taking away half of its work, the indirect taxes. The only big thing that remains now is dir...
- Indians likely to spend less this Diwali, says surveyThe survey conducted by news app InShorts and research firm Ipsos said though 21 per cent will be spending more over last year, 18 per cent...
- Textile companies fear losing out to Chinese importsStrike in Surat and Ahmedabad, key centres of textile industry in the country, had crippled the industry , which is second largest employme...
- GST rate guide: Here is what all will become costlier after midnightIt is going to impact every Indian. The GST Council has fixed the GST rates for 1,211 items, keeping a majority of these in the 18% slab.
- GST triggers another '80%' online sale for Flipkart, AmazonSellers on Flipkart and Amazon are offering apparels, furniture and books at absurdly low price points as they look to dispose off their st...
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