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PHNOM PENH -- A rare public spat has broken out between Cambodian garment factories and the international brands they supply as concerns grow that the country will soon lose its tariff-free access to Europe.

Garment and coir fibre exporters in Tiruppur and Pollachi say they may be affected if travel restrictions continue for an extended period of time.

Coimbatore (Tamil Nadu) [India], Jan 28 (ANI): With union budget all set to be presented in Parliament later this week, South India Mills Association (SIMA) on Tuesday expressed concern over the challenges being faced by the textile industry while elaborating on their expectations with the annual budget.

Giving positive signs of an economic revival, the Goods and Services Tax (GST) collection in January is expected to hit record-levels.  Perhaps, the highest collection may contract the revenue shortfall, said a media report.

NEW DELHI: The Central Board of Indirect Taxes and Customs (CBIC) has frozen tax credits of around Rs 40,000 crore as the returns did not match, exposing alleged fraud by close to 2,000 entities, apart from cases where returns were not filed.

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