TMC workers protest hike in GST on food items and inflation
The Monsoon Session of parliament has seen protests and sloganeering over these price hikes, inflation and the rupee falling to the Dollar.
GST Hike
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CAIT, IFA urges finance ministry to withdraw the hike in GST on footwear
The effective GST rate on footwear under Rs 1,000 has been increased from 5% to 12% as of January 1, 2022, while the rate on footwear over Rs 1,000 has been reduced from 18% to 12%.
Increase in GST on textiles likely to be held down during Council meet
On the recommendation of the GST Council, the Central Board of Indirect Taxes and Customs is likely to increase the GST on textiles and footwear from 1st January 2022.
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