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2017-06-15 14:00:00
Garment exporters urge for lower GST slab for apparel job work
Apparel, a major segment in the textile value chain, has been left out of the reduction. Garment exporters in Tirupur are now urging the government to levy only 5% GST for job working units in the
2017-06-14 12:00:00
Cut in import duty on blankets to affect domestic manufacturing units
The Central government’s decision to cut the levy of import duty and GST from 29 percent to 16 percent on all imported blankets and fabrics will leave over four crore workers engaged in the
2017-06-13 10:00:00
New textile policy likely to be finalised in next three months
The new textile policy which is likely to be finalised in the next three months, aims to achieve $300 billion (over Rs 20 lakh crore) worth of textile exports by 2024-25 and create an additional
2017-06-05 13:00:00
Khadi yarn, Gandhi topi, national flag exempted from GST tax regime
All categories of fabric, except khadi yarn, Gandhi topi, India's national flag will not attract any tax under the Goods and Services Tax (GST) regime. The tax department has also put up on its
2017-06-05 10:00:00
Textile industry buckled up to face the brunt of GST
The Goods and Services Tax seems all set for its July 1 rollout, with finance minister Arun Jaitley confident of keeping this launch date despite doubts by the lone dissenter, West Bengal's chief
2017-06-01 15:50:00
Recycled PSF producers seek continuation of tax advantage vis-à-vis virgin PSF in GST regime
The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers in India, has requested the Union Finance Ministry to maintain the
2017-06-01 12:00:00
PSF recycling units seek concessional rate under GST
The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers mostly small and medium-scale in the country, have sought
2017-02-09 11:00:00
Irani to discuss issues faced by silk sector
The Central Silk Board has organzied a meeting on Friday and will deliberate on the present status, plans, programmes and challenges ahead in the silk sector, and inter-ministerial issues, in order
2017-01-23 11:00:00
Union Budget 2017-18 to be presented just few days away
Union Budget 2017 due on February 1 will be the third budget to be presented by the Prime Minister Narendra Modi’s government. The budget 2017 will not only be unique for its preponement from
2016-11-28 11:00:00
TEA urge Centre for adequate infrastructure facilities at textile clusters
Tirupur Exporters' Association (TEA) In its pre-budget memorandum submitted to the Finance Minister Arun Jaitley, has urged the Centre to provide adequate infrastructure facilities such as world
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