News - Tiruppur Expoters' Association

Government working on import substitution to promote MSMEs, substitution to promote MSMEs, local manufacturing: Official - 18th January 2020

2020-01-18T10:31:47+05:30

India’s textile ministry recently announced a special one-time additional ad hoc incentive of up to 1 per cent of free on board (FoB) value for exports of apparel and made-ups.

India offers 1% ad hoc sop for export of apparel, made-ups - 18th January 2020

2020-01-18T10:29:55+05:30

India’s textile ministry recently announced a special one-time additional ad hoc incentive of up to 1 per cent of free on board (FoB) value for exports of apparel and made-ups.

Cotton procured by CCI not to be kept unused: minister - 18th January 2020

2020-01-18T10:29:16+05:30

The Indian government will ensure that cotton procured by the Cotton Corporation of India (CCI) is not kept unused, leading to problems for micro, small and medium enterprises (MSMEs), according to minister of textiles and women and child development Smriti Irani, who recently said the two-decade-old problem of obligation of Hank yarn production has also been resolved.

Budget 2020-21: Downloading of TDS Certificates should be optional as nobody asks for it, MSMEs suggest - 18th January 2020

2020-01-18T10:28:15+05:30

New Delhi, Jan 17 (KNN) As the government had sought feedback/ suggestions of people from all sectors across India for the Budget set to be presented on February 1, 2020, ideas, suggestions and requests are pouring in from industry to bring new reforms and to do away with the policies which are no longer relevant and increases “unease” of doing business in the country.

SGST unearths Rs6.56 crore ITC scam of seven firms in city - 18th January 2020

2020-01-18T10:27:00+05:30

Surat: State Goods and Services Tax (SGST) department raided seven export units and unearthed input tax credit (ITC) fraud of Rs6.56 crore by them by showing fake supplies of goods in the city on Friday.

Indian govt's outstanding loans from RBI at $8.53 bln in week to Jan. 10 - 18th January 2020

2020-01-18T10:25:21+05:30

BENGALURU: The Indian government had 606.05 billion rupees ($8.53 billion) of outstanding loans with the central bank under ways and means advances in the week ended Jan. 10, according to the Reserve Bank of India's weekly statistical supplement released on Friday.

Apparel company Gap spikes plan to spin off Old Navy - 18th January 2020

2020-01-18T10:24:14+05:30

New York, Jan 16, 2020 -Struggling apparel company Gap on Thursday spiked a plan to spin off its Old Navy brand while the company seeks to replace its ousted CEO.

Alarmed RBI seeks govt relief for telcos to avoid bad loans - 18th January 2020

2020-01-18T10:23:28+05:30

Alarmed by the risk that the telecom AGR (adjusted gross revenue) mess has created for a large bank exposure, the Reserve Bank of India (RBI) has requested the government to provide some relief to the telecom players on clearance of the dues.

Textile exports grow 3.94pc in six months - 18th January 2020

2020-01-18T10:20:45+05:30

ISLAMABAD - Pakistan’s textile exports have recorded growth of 3.94 percent in first six months (July to December) of the ongoing financial year (FY20) mainly due to cash support to various sectors and currency depreciation.

Export of garments gets one-time sop - 17th January 2020

2020-01-17T10:54:53+05:30

Garments and made-ups exported between March 7 and December 31, 2019 will get a special one-time additional ad-hoc incentive of up to 1% of FoB (free on board) value.