In the pre-Budget consultation meeting with Ajay Bhushan Pandey, Revenue Secretary, the Confederation of Indian Industry (CII) called for lowering corporate tax rates, maintaining the peak rate of customs duty, kick-starting Government expenditure, and rationalising TDS as well as dispute resolution provisions.
Gross value added growth could be at six per cent
The Reserve Bank of India has extended the timings for customer transactions through Real Time Gross Settlement (RTGS) system. With effect from June 1, the RTGS timings for customer transactions (initial cut-off) will be 6:00 pm, instead of the present 4:30 pm.
Textiles and apparel industry association Euratex has launched a manifesto, aimed at urging EU policy makers to act to establish a "true" circular fashion system.
New Delhi:India Inc has urged the new government at the Centre to unveil wideranging reforms across sectors to jump-start growth and revive the key farm sector.
New Delhi: Sanjay K Jain, Chairman, CITI stated that the Indian Textile Industry can play an important role in enhancing total merchandise trade among the RCEP member countries.