Union Finance Minister Nirmala Sitharaman has said that the GST tax hike on textiles will be postponed amid strong protests in various states, including Tamil Nadu.
Textile manufacturers and workers in districts including Erode, Tiruppur and Coimbatore in Tamil Nadu staged a sit-in protest, demanding that the GST hike would have a severe impact on production, including, and reduce the prices of raw materials for cotton yarn.
Tamil Nadu Chief Minister Stalin had said that the Central Government would be urged to reduce the GST tax hike at the GST Council meeting following demands from various quarters.
GST Council Meeting
Honorable Union finance minister, Nirmala seetharaman presided the 46th GST council at Delhi capital
Participating in the meeting on behalf of Tamil Nadu, Finance Minister DTR Thiagarajan strongly opposed raising the GST tax on textiles from 5 per cent to 12 per cent.
He went on to say that the price of raw materials such as copper, aluminum, brass and so on should be reduced and the import tax structure should be changed.
Tax hike refund
Union Finance Minister Nirmala Sitharaman, who met reporters after the 46th GST Council meeting, announced that the GST tax hike on textiles would be postponed.
Union Minister Nirmala Sitharaman has said that no decision has been taken to suspend the current GST tax hike worth more than Rs 1,000.
Thanks to the textile industry
Textile manufacturers have thanked the Tamil Nadu government and Chief Minister Stalin for helping to halt the GST tax hike order after making strong arguments. As a result, economists predict a revival in the textile sector, which has long suffered a setback, and exports are expected to pick up.
The Union government is taking various important decisions as the legislature is scheduled to be held in 5 states by 2024, including Uttar Pradesh. Political observers believe that GST reduction will be a step back from the reduction of petrol prices and agricultural laws.
China atrocity! New names for Arunachal Pradesh – Central government strongly condemns!
New Delhi: The Union government has strongly condemned China for giving new names to several parts of India’s Arunachal Pradesh state.
It is China’s practice to claim Arunachal Pradesh as part of their country. China has been protesting against the visit of Union Ministers to Arunachal Pradesh.
Similarly, China continues to ignore the sound of development projects in Arunachal Pradesh. It was also exposed that China had recently set up huge military bases on the Arunachal Pradesh border.
Now China has shown a new aggression. China has given a new name to 15 parts of Arunachal Pradesh. The only controversy is that China has issued an official statement in this regard. China had previously committed a similar atrocity in 2016.
The Chinese cabinet has also approved the renaming of parts of Arunachal Pradesh. China has renamed a total of 15 places, including settlements, rivers and mountains. This has been strongly condemned by the Central Government.
