The “hurried and unplanned” roll-out of the GST has not only led to lower tax collections, but has also allowed frauds worth more than ₹45,000 crore to take place, West Bengal Finance Minister Amit Mitra wrote in a letter to Union Finance Minister Nirmala Sitharaman.
Ahmedabad: As the demand for fabric has declined in the domestic as well as international market, the textile processing units are bearing a deserted look. Left with no choice, these units are forced to cut production by a significant 40%, according to industry estimates. Gujarat is home to more than 600 textile processing units.
MUMBAI : Reserve Bank of India’s (RBI) profit for 2018-19 more than trebles to ₹1.76 trillion owing to lower expenditure and higher other income, which has enabled a higher surplus transfer to the government.
Jaipur, Aug 29 (KNN) More than the slowdown, there is another problem which has created trouble for the Rajasthan's textile sector MSMEs and retailers. The entrepreneurs from the region have said news especially the hyped ones are keeping the customers away from the shops.
Vice President M. Venkaiah Naidu on Thursday said that India must always be wary of threats to national security as the country makes giant strides towards development with a booming economy.
MUMBAI, Aug. 29 (Xinhua) -- India will add 40 new Harmonized System of Nomenclature (HSN) codes for technical textiles sector in coming months to its existing 207 HSN codes, said a government official Thursday.