NEW DELHI: Indian customs officials could soon get more powers to effectively deal with growing tax frauds of integrated goods and service tax credits.
The Union Budget of 2019-20 is scheduled to be presented on July 5 by the newly-elected Finance Minister - Nirmala Sitharaman. There are a lot of expectations regarding ease in the taxation norms and financial benefits from the Narendra Modi led NDA II government.
The Indian rupee opened higher by 20 paise at 69.48 per dollar on Thursday versus previous close 69.68.
Surat: The production of polyester fabric in the country’s largest man-made fabric (MMF) centre has been affected with the power loom, embroidery and textile processing units facing acute shortage of workers for the past few months.
Mumbai: The Reserve Bank of India has fallen short of meeting tougher requirements set by the Basel III norms, according to a report by the Basel Committee on Bank Supervision (BCBS).
Tirupur: For more than a decade since globalisation, the central government’s textile committee was the quality regulating agency for all textile export goods in the country.