Nazir Ahmad Dar's livelihood is literally hanging by a thread. The carpet-weaver who lives on the outskirts of Srinagar is under distress after the national sales tax GST was implemented in Kashmir valley. He had to shut over 20 looms. Out of 100 weavers working with him, 85 have already lost their job. Reason: the 50-year-old loom owner has not got a single order for the last three months. "100 weavers were working with me. Now, there are only 15. It's because after GST, not a single customer or order has come," Mr Dar said. Carpet and other handicraft items had been tax free in Kashmir valley, but weavers will have to pay 12 per cent tax under the Goods and Services Tax. The national sales tax was implemented on July 1 this year.
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Retail sales in November, however, eased by 3.1 per cent year-on-year, largely due to an early festive season that shifted demand into October's record-breaking sales period.
The International Monetary Fund (IMF) has declined Pakistan's request to immediately scrap the 18 per cent General Sales Tax (GST) on contraceptives, dealing a blow to the government's push to make birth control more affordable.
The report from ICRA Analytics said that retail sales grew 22 per cent yearonyear in November but eased 29 per cent from October's festive peak.
Kawasaki India has introduced a Rs 25,000 discount on the Versys-X 300, with the offer valid until 31 December 2025.
Qualified candidates must attend practical exams scheduled from December 2025 to February 2026 across various medical specialties as per the NBEMS announced timetable.
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