Months ago, as Tamil Nadu, like many other states, closed its borders to prevent the spread of novel coronavirus, thousands of migrant labourers took to the road barefoot to reach their homes.
After witnessing a sharp decline since April, readymade garment exports have started picking up. In April, exports dropped by around 91.04 per cent in dollar terms, gradually, as exports started recovering the drop in August was 14 per cent.
NEW DELHI : The entire sum of compensation owed to states on account of shortfall in collections of Goods and Services Tax (GST) will be “honoured", the union government said on Monday.
India is emerging as one of the preferred destination for International garment companies to shift their base from China.
CHENNAI: Manufacturers of N95 masks in the country have urged the Centre to remove all export restrictions imposed on the product since they are losing export orders worth crores or rupees and have been unable to cash in on a massive business opportunity in the overseas markets.
New Delhi: The pace of a comprehensive review of GST laws has accelerated with a special focus on decriminalising offences and wider use of compounding provisions with the objective of improving business sentiment and reducing litigation.