New Delhi [India], June 21 (ANI): Union Textile Minister Smriti Irani on Friday said the central government announced many "key reforms" such as relaxation of Sections of Income Tax Act and incentives to boost the domestic apparel sector to enable it to compete with multinational brands.
CHENNAI: The state government on Friday sought the intervention of finance minister Nirmala Sitharaman, also the chairman of the GST council, for early settlement of the outstanding IGST amount due to the state since 2017-18.
The second edition of mega textile fair - WEAVES 2019 - will be held at Texvalley here from November 27 to 30.
A shift in the textile manufacturing ecosystem is the need of the hour, say industry insiders.
To help Prime Minister Narendra Modi’s vision of making India a $5 trillion economy by 2024, the Indian Texpreneurs Federation (ITF) has submitted a 11-point appeal and suggestions to the ministry of textiles.
KOLKATA: Reserve Bank of India Governor Shaktikanta Das has received support from Bank of America Merrill Lynch (BofAML) on his view that fiscal risks from raising extra-budgetary resources is mostly overdone and that the borrowings of state-run enterprises should not be included into that of the sovereign.