The new legislation requires businesses to use software that automatically obtains a unique identifier from a registration body.
Prime Minister Narendra Modi has started taking presentations from the sector-specific committee of secretaries (CoS) which will be the basis for setting a five-year vision for various ministries and departments.
A scheme to promote exports will be extended till March 31 this year though the government had decided to discontinue it under pressure from the World Trade Organization (WTO), a business association has said.
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have urged finance minister AHM Mustafa Kamal to enforce a single-digit lending rate immediately instead of April 1.
New Delhi: In a significant relaxation for the ecommerce sector, the government could allow online platforms such as Amazon and Flipkart to upload e-invoice for vendors under the goods and services tax (GST) framework.
The clothing and textiles industry is the second-largest polluter globally, behind only the oil industry in its environmental impact. And while fast fashion often gets the lion’s share of the blame, the home furnishings industry is far from innocent.