Tag: Indian Weavers
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Understanding GST Impacts on Handloom Industry
The Introduction of GST on Handloom Sarees The introduction of an 18% Goods and Services Tax (GST) on handloom sarees has sent ripples through the textile industry in India. This significant tax hike, applicable to sarees priced above ₹2,500, is raising concerns among weavers and textile manufacturers alike. While the government claims these tax reforms…