GoM Recommends Continuing GST Exemption on Handloom Products and Raw Silk

The Group of Ministers (GoM) has recommended continuing the GST exemption on "handloom products and raw silk." The move is aimed at protecting the interests of the handloom industry and ensuring that the products remain affordable for consumers. The GoM has also recommended that the government should continue to provide financial assistance to the handloom industry to help it grow and create more jobs. The move is a significant step towards a more user-friendly and less intrusive tax environment. This is a crucial step towards ensuring that the handloom industry remains a viable and attractive investment.