NEW DELHI: The government has begun discussions with states for a possible revamp of the goods and services tax, which may include bringing a few exempted items under the levy while reviewing the rates and the cess on all goods and services, as part of an exercise to shore up revenue.
Under the Scheme for Integrated Textile Parks (SITP) approved during the 10th Five Year Plan in 2005, the ministry of textiles sanctioned 59 textile parks, out of which only 22 have been completed while the rest are under various stages of construction, textiles minister Smriti Irani informed parliament lower house recently. Progress in SITP’s growth has been slow, she said.
Contribution from private labels, discounts and retail expansion boost sales
The Indian rupee opened on a weak note and fell 12 paise to 71.78 against the US dollar in early trade on Wednesday, amid weak opening in domestic equities and sustained foreign fund outflows.
The 3rd edition of National Public Procurement Conclave (NPPC) is being organised by Government e-Marketplace (GeM) in association with Confederation of Indian Industry (CII) on 5-6 December 2019 in New Delhi.
Contribution from private labels, discounts and retail expansion boost sales