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Haryana CM Hails GST Reforms as Historic, Benefits Farmers, Poor, and Middle Class
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Sat, 6 Sep 2025Sat, 6 Sep 2025BUSINESS, INDIA

Haryana CM Hails GST Reforms as Historic, Benefits Farmers, Poor, and Middle Class

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Chandigarh: Haryana Chief Minister Nayab Singh Saini on Saturday described the recently announced GST reforms as a historic move that will benefit every section of society, particularly farmers, the poor, and the middle class. He said the decision to slash GST rates on commonly used items will reduce inflation, increase savings for the middle class,...

GST on Garments Above ₹2,500 Hiked to 18%, Industry Warns of Price Surge and Middle-Class Impact
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Thu, 4 Sep 2025Thu, 4 Sep 2025BUSINESS, INDIA

GST on Garments Above ₹2,500 Hiked to 18%, Industry Warns of Price Surge and Middle-Class Impact

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New Delhi: The GST rate on garments priced above Rs 2,500 per piece has been increased from 12% to 18%, a move that industry bodies warn will raise prices and affect middle-class affordability. The Retailers Association of India (RAI) and the Clothing Manufacturers Association of India (CMAI) welcomed the new two-slab GST structure and the...