The government is working on a proposal to levy an 18 percent Goods and Services Tax (GST) on salaries of CEOs and CXOs of companies, sources told CNBC-TV18.
MUMBAI: The tax department has started questioning top companies and banks if they were passing on some of the common costs like salaries of chief executives to their branch offices.
Canada’s department of toxic substances control (DTSC) recently proposed to list treatments containing perfluoroalkyl or polyfluoroalkyl substances (PFAS) for use on converted textiles or leathers like carpets, upholstery, clothing and shoes as ‘priority products’ under the Safer Consumer Products (SCP) regulations.
India's annual rate of inflation, based on monthly wholesale price index (WPI), for October 2019, stood at 0.16 per cent over October 2018.
An institutional and commercial mission of Italian textile machinery manufacturers took place recently in Kenya and Tanzania.
In his opening speech of the 35th IAF World Fashion Convention, which concluded in Lahore, Pakistan, this week, IAF President Han Bekke remarked that the event is being held against the background of different disruptions in the apparel supply chain.