The war of words between the textile industry and Power Division remains in full swing on the imposition of taxes, surcharges and recovery of positive fuel price impact.
The Garment Manufacturers Association in Cambodia (GMAC) on Thursday said the letter written by apparel brands and labour rights organisations addressed to Prime Minister Hun Sen reflected a “flawed analysis” of the Kingdom’s situation.
Advance Market Analytics released the research report of Global Knitwear Market, offers a detailed overview of the factors influencing the global business scope.
Indian textiles industry is expecting the Union Budget 2020-21 to be more focused with new financial allocations to strengthen the sector, especially the MSME segment.
Goods and Services Tax (GST) collection may hit a record Rs 1.15 lakh crore in January, while the shortfall in gross direct tax collections may be only Rs 11,000 crore in the first 10 months of the current financial year as compared to same period last year, two government officials familiar with the matter said on condition of anonymity.
In the wake of Government of India's decision to withdraw Merchandise Exports from India Scheme (MEIS) with retrospective effect from March 7, 2019 on garments and made-ups, exporters are requesting the government to make the decision applicable prospectively.