NEW DELHI : The entire sum of compensation owed to states on account of shortfall in collections of Goods and Services Tax (GST) will be “honoured", the union government said on Monday.
New Delhi: The pace of a comprehensive review of GST laws has accelerated with a special focus on decriminalising offences and wider use of compounding provisions with the objective of improving business sentiment and reducing litigation.
India is emerging as one of the preferred destination for International garment companies to shift their base from China.
Chennai: When German leisure wear brand Marc O’Polo called its Indian vendor Warsaw International to place an order for supply of some jerseys, proprietor Raja Shanmugam knew this order was different.
Garment exporters have started seeing revival of demand, which in turn has increased capacity utilisation to around 60-80 per cent.
CHENNAI: Manufacturers of N95 masks in the country have urged the Centre to remove all export restrictions imposed on the product since they are losing export orders worth crores or rupees and have been unable to cash in on a massive business opportunity in the overseas markets.