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CHENNAI: It’s a perfect Christmas gift that garment exporters from the knitwear capital Tirupur were looking for, as exports for the October-December quarter may be among the best quarters ever, with a 15% increase in exports.

Coimbatore, Dec 9 (PTI): Tirupur Exporters Association (TEA) on Wednesday thanked Prime Minister Narendra Modi for approving the Atmanirbhar Bharat Rojgar Yojana (ABRY) to boost employment in the formal sector and also for incentivising creation of new employment opportunities under the Atmanirbhar Bharat Package 3.0.

oimbatore, Dec 3 (PTI): The proposal by Tirupur Exporters'' Association (TEA) for imparting training to fresh workers under the scheme for capacity-building in the textile sector known as SAMARTH has been considered by the Centre.

The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday notified that GST e-invoicing will be mandatory for any firm whose turnover exceeds Rs 100 crore from January 1, 2021. The limit set earlier was a turnover of Rs 500 crore.

In a move that has lifted the industry sentiment in the festival season, the Union Cabinet on Wednesday approved a Rs 1.45-trillion package by extending the production-linked incentive (PLI) scheme to 10 more sectors (see chart).

New Delhi: Businesses taking Goods and Services Tax (GST) registration without Aadhaar authentication will have to undergo physical verification of their premises, according to a set of norms brought out by the Central Board of Indirect Taxes and Customs (CBIC).

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