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provide+relief+sector
2017-10-13 14:00:00
Textile sector to get some relief with reduced GST on yarn
The man-made fibres and yarns were slotted under 18 percent GST rate while the fabrics were slotted under 5 per GST slab with a condition of no refund ITC at fabric stage. This had created a huge
2015-11-18 16:00:00
NGT judgment brings relief to Malegaon textile industry
The National Green Tribunal (NGT) in its judgment delivered on November 04, 2015, has given conditional permission to re-start the textile processing units in Pali, Balotra and the surrounding areas
2015-01-27 16:00:00
Pakistan textile industry gets some relief with interest rate cut
The longstanding demand of the Lahore Chamber of Commerce and Industry (LCCI) that the mark-up rate should be at the lowest to provide some breathing space to industries has been taken care of with
2014-12-28 11:00:00
India expects to consolidate its position in textile sector over the coming years
The Indian textile industry plays an important role of the largest contributing sectors in the country’s exports by contributing nearly 13.25% to the country’s total exports basket
2022-01-13 12:26:23
MycoWorks secures US $125 million series C financing
US start-up, MycoWorks, announced a $125 million Series C funding round headed by Prime Movers Lab, with new investors SK Networks and Mirabaud Lifestyle Impact & Innovation Fund, as well as
2020-08-14 13:15:35
Cambodian workers demand protection against low wages
The Cambodian National Trade Unions Coalition(NTUC) has approached the Ministry of Labour with recommendations on how best to address the ongoing plight of the workers during the pandemic. Ath
2020-03-27 11:27:42
Senate’s $2 trillion war chest welcomed by AAFA
The American Apparel and Footwear Association (AAFA) has welcomed Senate approval of a US$2 trillion war chest which will ease the hardship felt by businesses across the country since the outbreak of
2019-03-11 14:19:00
A glimmer of hope for textile, garment industry
The planned intervention of the Central Bank of Nigeria (CBN) in the moribund cotton, textile and garment industry comes as a huge relief to operators and represents the right step in the right
2018-06-13 12:14:00
Concern for Pakistan as it's export performance is dependent on cotton prices
All Pakistan Bedsheet and Upholstry Manufacturers Association Chairman Syed Muhammad Aasim Shah has praised the Economic Coordination Committee (ECC) for extending the export package worth Rs 195
2018-01-24 15:00:00
Sales tax, duty on cotton imports withdrawn
The Federal Board of Revenue (FBR’s) notification states that textile sector will avail the benefits on imports of raw and ginned cotton having withdrawn sales tax and customs duty on cotton
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