Tag: Goods and Services Tax

Ludhiana’s textile sector urges government for FTAs

Divya S- May 30, 2024

Over the past eight years, the industry has experienced significant fluctuations. Ludhiana's textile industry is currently facing numerous challenges and adjusting to a new phase ... Read More

Crisis in Bhiwandi powerloom sector

admin- August 1, 2020

Bhiwandi has approximately 6.5 lakh power looms, which is 33 per cent of country’s total power looms. Out of 6.5 lakh, about 15-20,000 looms are ... Read More

GST Council allows ITC refund to fabrics

admin- July 25, 2018

The Goods and Services Tax (GST) Council at its 28th meeting held under the chairmanship of Union minister for railways, coal, finance and corporate affairs ... Read More

Rs 8,450-cr sops for MSMEs

admin- December 7, 2017

The Indian government has announced fresh incentives worth Rs 8,450 crore to boost exports and support the MSME and labour-intensive industries. The incentive came as ... Read More

GDP growth forecast trimmed to 7%

admin- October 1, 2017

CRISIL has trimmed its fiscal 2018 growth forecast for India by 40 basis points to 7 per cent from 7.4 per cent earlier, after data ... Read More

GST reform a major step forward: CITI

admin- November 1, 2016

The politics of Goods and Services Tax (GST) Bill may take some more time to sort out, but its basic impact on various industries can ... Read More