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.
Losoong/Namsung: This festival is normally observed in the first week of the 11th month of the Lunar Year. The Bhutias call it 'Losoong' and the Lepchas call it 'Namsung' which means a new year celebration. The festival marks the end of the harvest season and also marks the end of the farmers year.