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.
The Foreign Direct Investment flows to India fell by 26 percent in 2021, compared to 2020, as per the UN Conference on Trade and Development Investment Trends Monitorpublished.
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