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.
NITI Aayog has released a report titled 'Banking on Electric Vehicles in India', which outlines the need and importance of inclusion of Electric Vehicles in RBIs priority-sector lending guidelines.