October 15, 2026
Business

GST’s new divide: Apparel industry warns of growth hit as tax hikes target aspirational shoppers(Soban News)

Apparel retailers warn that new GST slabs may hinder growth, especially for mid-income consumers buying branded clothing. While higher rates apply to items over ₹2,500, reductions for lower-priced apparel and footwear are seen as beneficial for overall consumer demand.

​Apparel retailers warn that new GST slabs may hinder growth, especially for mid-income consumers buying branded clothing. While higher rates apply to items over ₹2,500, reductions for lower-priced apparel and footwear are seen as beneficial for overall consumer demand. by Soban News (international And National News)

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