Finance Minister addressed public of Lucknow from India Today’s Mediaplex, queries on key economic issues, including GST slabs and international trade tariffs. A garment manufacturer requested raising the GST exemption cap for clothing from ₹2,500 to ₹7,000. A doctor suggested making commonly used medicines tax-free. Concerns were also raised by the Indo-American Chamber of Commerce about the impact of the US-India tariff war on the costs for manufacturers using imported goods. The Minister explained the GST Council’s rationale for the current garment slab and noted that over 300 life-saving drugs are already tax-exempt. On trade, she clarified the government’s role in addressing export tariffs, stating, "If your final item is getting exported and that gets faced with 50% US tariff, it’s an issue which the government will have to study, not the GST Council." #gst #financeminister #indiatoday #itwebvideos #economy #tradewar #tariffs #taxation #indianbusiness #lucknow #uttarpradesh #healthcare #makeinindia #textiles #pharma #gstcouncil
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