by TEXTILE VALUE CHAIN | May 28, 2020 | Industry And Cluster, News & Insights
The GST Council, which is expected to meet next month, had slashed tax rates on 200 products including chocolates, toothpastes, shampoos, washing powders and shaving creams to 18% from 28% in November 2017. Industry executives said a further reduction is needed to...
by TEXTILE VALUE CHAIN | May 25, 2020 | Industry And Cluster, News & Insights
Congress leader contradict the statement of ₹ 20 lakh crore package The actual quantum of the Atmanirbhar stimulus package announced by the government is not ₹20 lakh crore or 10% of the country’s GDP as claimed by Prime Minister Narendra Modi but merely ₹3.22 lakh...
by TEXTILE VALUE CHAIN | May 23, 2020 | Industry And Cluster, News & Insights
The 20-trillion stimulus package of the State Bank of India is likely to more than double the country’s fiscal deficit and will take up to 7.9 percent in this financial year, according to a research report by the State Bank of India (SBI), which was earlier . The...
by TEXTILE VALUE CHAIN | May 7, 2020 | Industry And Cluster, News & Insights
Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday held a meeting with the heads of banks and reviewed the economic situation and implementation of various measures announced by it to reduce stress in the financial system amid the corona virus (...
