GST Rates to Deal Body Blow to Garment Manufacturers?

Continuous reports indicating that garments priced above ₹2,500 may soon fall into the 18% GST slab—up from the current 12%—have triggered widespread concern in the apparel industry. Despite repeated assurances from policymakers, this potential GST hike has reignited fears of a severe disruption in a sector already weakened by the ongoing American tariff wars. If […]