Fashion twirls with GST design

The Indian fashion industry that has been constantly evolving and growing with the touch of tradition and modernity in all its crease and seams may be set to roll out new twist and twirls soon, as few more days are left for GST implementation. The textile sector, the backbone on which the fashion industry lies strongly, … Read more Fashion twirls with GST design

Immigrants Triumph at the Oscars of American Fashion

This year, it’s been even harder to separate fashion from politics,” said the comedian Seth Meyers, modeling an ankle-baring Thom Browne tuxedo without socks, as he pointed out, Monday night. Mr. Meyers was not starting his late-night monologue, but introducing the annual Council of Fashion Designers of America Awards at the Hammerstein Ballroom in New … Read more Immigrants Triumph at the Oscars of American Fashion

GST on footwear up to Rs 500, apparels sub-Rs 1,000 at 5%; biscuits and beedi leaves in same slab at 18%

The GST Council has fixed the tax rate on footwear worth up to Rs 500 at the lowest tax slab of 5% under the new GST regime. Beedi leaves have been taxed at 18%, while beedis itself have been taxed at 28% without cess, lower than the rate imposed on cigarettes. By: FE Online | … Read more GST on footwear up to Rs 500, apparels sub-Rs 1,000 at 5%; biscuits and beedi leaves in same slab at 18%

Jewellers say 3% GST on gold to boost industry

Jewellers welcomed the decision to fix the goods and services tax (GST) rate for gold at 3 percent and for rough diamonds at 0.25 percent, saying the move will help boost the industry. They said the government has understood the need of the bullion industry and created a special category in the GST. “We welcome … Read more Jewellers say 3% GST on gold to boost industry