Myanmar Offers Tax Incentives To Attract Investments

Myanmar Offers Tax Incentives To Attract Investments

The Ministry of Investment and Foreign Economic Relations (MIFER) has announced the priority investment sectors for each of the country’s 14 states and regions,...
Finance Minister Nirmala Sithraman’s Union Budget 2020 fails to evoke textile industry spirit

Union Budget 2020 : Not Much In It For Textile Industry

Cheap Textile Imports May Get Curbed, While PTA Will Be More Easily AvailableUnion Budget 2020 proposals focus mainly on streamlining the financial sector, strengthening...
FTA Between India, Mauritius Nears Finalisation

FTA Between India, Mauritius Nears Finalisation

The proposed free trade agreement between India and Mauritius is nearing finalisation as both the sides have concluded the negotiations for the pact, the...

Buyers Shift Orders From Vietnam To Low Cost Suppliers

Vietnamese textile manufacturers are seeing orders decline with buyers moving to other, cheaper developing countries. Normally, by the end of a year they would...
Custom Tariff

China Cuts Commodity Import Duty While Leaving Quotas Unchanged

As of 1 January this year, the tariffs and quotas applicable to the import of certain commodities to China have been adjusted. This is...
US China Trade

Fabrics Among New China List 3 Tariff Exclusions

Additional exclusions from the Section 301 additional 25% tariff on List 3 goods from mainland China have been announced by the Office of the...

Maharashtra Government Announces Package Scheme of Incentives – 2019

The Maharashtra Government had announced the New Industrial Policy - 2019 in April this year to ensure sustained industrial growth and strengthen the 'Magnetic...

Union Budget 2019-20 Offers Little To Textile Industry

Budget at a glance:ATUFS gets ` 700 crore allocation Cotton Corporation of India gets 118% higher grant of ` 2017.57 crore for cotton...

Pakistan’s Textile Sectors Up In Arms Against Newly Enacted Tax Regime

A near tug-of-war has resulted between the Imran Khan led Pakistan government and the textile sector. Other industrial sectors including sugar and cement have...

GST Council Likely To Tweak Textiles Rates In Line With Global Markets

At present, there are three rates - 5%, 12% and 18% - for various items under the textile sectorThe Goods and Services Tax (GST)...

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