Tag: Finance Ministry
Sitharaman may tackle duty structure issue to boost local manufacturing
The commerce ministry has provided a list to the finance ministry where the finished products face lower import duties compared to the materials used to ... Read More
NITI Aayog probes textile sector’s tax hurdles
During the recent stakeholder consultation, the industry raised several issues, including the import duty on cotton and textile machinery and the inverted duty structure in ... Read More
Garment exporters of Tirupur want rupee rouble payment
Tiruppur Exporters’ Association (TEA) appealed to the finance ministry to start a rupee-rouble payment mechanism with Russia. Coimbatore Tiruppur Exporters’ Association (TEA) has appealed to ... Read More
Coronavirus impact on textile industry
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come. Read More
Industry on ‘wait-n-watch’ mode
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come. Read More
Coronavirus impact on textile industry
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come. Read More
Govt to hike import duty on 300 textile products
The government is likely to hike import duty on about 300 textile products to boost domestic manufacturing and create employment opportunities. Foreign direct investment norms ... Read More