Ease of Doing Business for MSMEs: Udyog Aadhaar scheme launched in September 2015 for MSME registration has so far brought more than 80 lakh MSMEs under the fold of government schemes, subsidies, easy loans etc.
Last week, the Senate charged the Federal Government to ban importation of textiles into the country for a period of five years to encourage local production just as Taiwo Hassan looks at the impact of Central Bank of Nigeria (CBN)’s N100 billion intervention on the project.
Consumption of clothing, footwear and household textiles in the European Union (EU) annually uses 1.3 tonnes of raw materials and over 100 cubic metres of water per person, says the European Environment Agency (EEA).
NEW DELHI: In a major relief for the export sector, the customs authority has directed tax officials not to insist on proof of realisation of exports proceeds for processing of input tax refunds.
GSTN said that it could have been possible that some filers may have momentarily experienced being logged out at the load threshold of 1.5 lakh returns load at a particular point of time or some difficulty due to any local issue at the taxpayer filers' end.
The ever-increasing pace of change experienced throughout the textile industry has compelled companies in virtually every sector to craft various approaches to harness these changes and maybe more importantly to take advantage of them.