The Goods and Services Tax (GST) Council, in its 46th meeting, decided to defer the proposed hike in tax rate for the textiles sector to 12 per cent from 5 per cent, which was to be implemented from January 1.
After the amendment, a grant for the purchase of drones up to 100 per cent of the cost of agriculture drones or INR 10 lakhs, whichever is less, can be given.