The Garment Manufacturers Association in Cambodia (GMAC) on Thursday said the letter written by apparel brands and labour rights organisations addressed to Prime Minister Hun Sen reflected a “flawed analysis” of the Kingdom’s situation.
Advance Market Analytics released the research report of Global Knitwear Market, offers a detailed overview of the factors influencing the global business scope.
In the wake of Government of India's decision to withdraw Merchandise Exports from India Scheme (MEIS) with retrospective effect from March 7, 2019 on garments and made-ups, exporters are requesting the government to make the decision applicable prospectively.
Goods and Services Tax (GST) collection may hit a record Rs 1.15 lakh crore in January, while the shortfall in gross direct tax collections may be only Rs 11,000 crore in the first 10 months of the current financial year as compared to same period last year, two government officials familiar with the matter said on condition of anonymity.
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.
Indian textiles industry is expecting the Union Budget 2020-21 to be more focused with new financial allocations to strengthen the sector, especially the MSME segment.