In a blow to apparel exporters, the EU, Bangladesh’s largest export destination, has extended duty-free access to Vietnam, eliminating the competitive edge that the country held over its biggest rival in the trade.
TEHRAN- The chairman of Iran’s Union of Garments Manufacturers and Sellers said that boosting garment output and exports is a top agenda of their activities in the current Iranian calendar year (began on March 21, 2019).
New Delhi: In a major relief to exporters, the Centre will now pay the input tax credit (ITC) refunds of state taxes, thereby reducing transaction time and costs, and manual interface in claim processing.
Budget 2019: The Centre’s budgetary announcement of raising excise duty as well as road & infrastructure cess on petrol and diesel has not gone down well with those associated with Surat’s `80,000 crore textile industry which directly and indirectly employs over 15 lakh people.
MSMEs should be given different incentives rather than a subsidy: MSME entrepreneur - 09th July 2019
New Delhi, July 8 (KNN) The Micro, Small and Medium Enterprises (MSME) sector of India has been undergoing a lot of difficulties in the past few years. There was lot of hope rested on the Budget for the year 2019-2020 which was presented by Nirmala Sitharaman, Union Minister of India on July 5, 2019.
This information was given by Shri, Union Minister for Micro, Small and Medium Enterprises in written reply to a question in Rajya Sabha on Monday.