Tag: Union Budget
Ramesh Agarwal: We anticipate a phased implementation of Section 43B(h)
We eagerly anticipate the upcoming Union Budget, recognising the crucial role the textile industry plays in driving India’s economic growth. As one of the leading ... Read More
Textile Ministry’s budget allocation expected to increase by up to 15%
The current allocation for the textiles ministry is Rs 44.17 billion. As India awaits the first full-year Budget under the Narendra Modi 3.0 government, which ... Read More
Apparel exporters urge tax incentives in budget to boost exports
The AEPC also called for an interest equalisation rate of 5 per cent to be announced in the upcoming budget, which will be presented by ... Read More
Technical textile is one of the emerging field and there is lot of scope for growth
Trident Group is a $ 1 billion Indian business conglomerate and global player. Headquartered in Ludhiana, Punjab, Trident is the largest terry towel and wheat ... Read More
Textiles sector sees 28% increased allocation in budget 2024
The budget proposed reducing the basic customs duty on real down-filling material derived from ducks or geese to enhance the competitiveness of Indian leather and ... Read More
Rs 160 bn scheme on textiles may be revealed in Budget
The government has begun work on a new scheme with an outlay of about Rs 160 billion for the next five years for textile machinery. ... Read More
Budget to focus on $ 100 bn textile exports: ICRA
According to ICRA, the textile value chain will see a maintained focus on incentivising investments by the government in the upcoming union budget. New Delhi ... Read More