Tag: Rebate of State And Central Taxes And Levies
India’s cotton textile exports fall 29% compared to 2021-22
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 ... Read More
Minister informs 30 per cent plunge in Ludhiana’s textile exports
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 ... Read More
SIMA hails the extension of RoSCTL scheme till March 2026
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. ... Read More
Interim budget 2024, although pragmatic, disappointing for the textile sector
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 ... Read More
TexMin extends RoSCTL scheme beyond March 2020
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 ... Read More
Govt’s decision to withdraw MEIS incentives to hit textile exporters
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 ... Read More
