by DIGITAL MEDIA EXECUTIVE | Apr 11, 2023 | Corporate Update
Following concerns from the domestic industry, the investigative branch of the commerce ministry, DGTR, has opened a review of the necessity of maintaining the anti-dumping tariff on flax yarn imported from China. Before the Directorate General of Trade Remedies...
by DIGITAL MEDIA EXECUTIVE | Apr 5, 2023 | Country Report
Yet, neither of the two administrations has set a timeline for wrapping up talks. The EU carbon tax, also known as CBAM, levies a fee on imported goods depending on their carbon footprint in an effort to reduce carbon emissions. Even if India and the UK agree to major...
by DIGITAL MEDIA EXECUTIVE | Apr 5, 2023 | Event Update
The Textile Association (India), Mumbai Unit organized the Lecture on “Budget Highlights 2023” on Wednesday, 8th February 2023 at the Office of TAI, Mumbai Unit. The lecture was conducted by Mr. Darshan M. Pathak, Leader, HD Valstand Advisors. He has experience of ...
by DIGITAL MEDIA EXECUTIVE | Mar 17, 2023 | Finance & Economy
I believe that the Covid epidemic significantly extended the involvement of the government in the economy, and it is crucial to gauge the withdrawal. So, as a government’s fiscal deficit increases, it indicates that it is borrowing money for the future and...
by DIGITAL MEDIA EXECUTIVE | Mar 8, 2023 | Finance & Economy
On Tuesday, Prime Minister Narendra Modi urged India Inc. to accelerate investment and seize the chances presented by the Budget 2023–24. Modi said during the 10th webcast on the budget that the government had boosted capital expenditure spending to the highest level...
by DIGITAL MEDIA EXECUTIVE | Feb 21, 2023 | Corporate / SME, Industry View
The Merchandise exporters will have to cough up 18% Goods and Service Tax (GST) which are levied on services of transportation and goods. The same will be moving in a cash flow at a time when the exports are declining. There is a recommendation from the GST council...
by DIGITAL MEDIA EXECUTIVE | Feb 18, 2023 | Garment, Import/Export, Trade Analysis
AUTEFA Solutions will present its most recent technical advancements in the area of nonwoven production technology at INDEX in Geneva from April 18–21, 2023. Within the context of the “Evaluation for Thermal Systems,” the emphasis is not just on...
by TEXTILE VALUE CHAIN | Feb 1, 2023 | Finance & Economy, Textile Industry
“The overall budget this year has been presented with much optimism and growth-related initiatives. As an entrepreneur, I am happy to see a few key benefits supporting MSME enterprises such as ours, including a “Skills India” digital platform to help the MSME sector...
by Manali bhanushali | Jan 18, 2021 | Finance & Economy, News & Insights
According to Ministry of Commerce and Industry (India), the kidswear exports of the country are up 5 per cent to US $ 93.12 million in November ’20. India has seen a Y-o-Y growth in all major destinations in November for its kidswear such as USA (1st), UK (2nd), UAE...
by G.Thulessiraman | Aug 17, 2020 | Finance & Economy, Industry And Cluster, News & Insights
Prime Minister, Narendra Modi has introduced a new platform for filing income tax returns to ensure a transparent tax environment by eliminating physical interface between the tax authorities and tax payers. After the launch of the transparent taxation platform Modi...
by TEXTILE VALUE CHAIN | May 18, 2020 | Covid 19, Industry And Cluster, News & Insights
Uzbekistan recently adopted a presidential decree to peg its domestic cotton sale prices to those recorded by the New York Mercantile Exchange. The market-based price mechanism is expected to cut the cost of raw cotton for textile companies by around one-tenth. The...
by TEXTILE VALUE CHAIN | May 6, 2020 | Covid 19, Industry And Cluster, News & Insights
As economy is slump in revenue collections during the lockdown, states are going to increase taxes to make up some of the losses as the restrictions are eased.The Andhra Pradesh government hiked prices of liquor by another 50% on Tuesday, only a day after imposing a...
