Vietnam’s textile firms have rejected the proposal to raise employees’ retirement ages, saying most women workers suffer from huge workload-related stress in a job environment that requires intense focus for 10 hours a day. The government is drafting a bill to raise the retirement age by two years for men to 62 and by five years for women to 60.
The government mulls over increasing the cash incentive for exports by one percentage point as it looks to motivate exporters to leverage the sudden opportunities presented by the US-China trade war.
The 15th Finance Commission is unlikely to heed the request of state governments to extend the period for the goods and services tax (GST) compensation beyond the initial five years, holding that tax buoyancy will take care of the current shortfall in revenue in some states.
Gurugram, May 21 (KNN) Trade finance firm Drip Capital apprised the SME exporters in Gurugram about the alternative working capital solutions like invoice factoring process.
Roughly over two months ago, on March 4, the US President Donald Trump had notified Congress of his intention to terminate the Generalized System of Preferences (GSP) for two nations—India and Turkey.
The interim stay order passed by the Gujarat High Court, in a petition filed by Ghanshyamlal and Company stayed the impugned demand where the petitioners challenged the vires of IGST related notification.