The growth reflects sustained international demand for Indian textile products and the sector’s competitiveness across key product categories. India’s textile sector recorded a 2.1 per cent…
Browsing: Rebate of State And Central Taxes And Levies
Gujarat leads the country, surpassing a production of 90 lakh bales (170 kilograms each) between October-September 2023-24, marking a 20 per cent increase from the previous…
This statement prompted MP Sanjeev Arora from Ludhiana to raise concerns during the session. Arora sought clarity on the measures being taken to address this downturn.…
Originally the RoSCTL Scheme was valid till March 31, 2020, it was extended intermittently through budgetary allocations and is currently valid till March, 31, 2024. Indian…
The budget does not offer any major supportive measure to the industry, opines Gurudas Aras. Finance Minister Nirmala Sitharaman on February 1 presented her sixth consecutive…
The Ministry of Textiles has issued a notification extending the Scheme of Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups (RoSCTL), which was in force up to March 31, 2020.
The Government’s decision to withdraw the Merchandise Exports from India Scheme (MEIS) with retrospective effect is likely to erode profit margins of textile players. It will also impact exports and fresh investment in the sector.