Most of these units are MSMEs, and are facing issues related to TUFS scheme. FIASWI has also raised concern over high rejection rates of applications under TUFS.
The Indian rupee opened higher at 69.83 per dollar on Tuesday versus previous close 69.90.
Delegation of FICCI Textiles Committee met Smriti Zubin Irani, Minister for Textiles and Women and Child Development recently and impressed upon her to launch a special mission for synthetic fibre and textiles value chain to make Indian industry competitive in the global trade which is predominantly done in the man-made fibre (MMF)-based items.
Reserve Bank of India Governor Shaktikanta Das on Monday said the central bank will not hesitate to take any required measure to maintain the financial stability of the economy.
Chennai-based Zoho enterprise is offering its GST compliance software, Zoho Books, to Small and Medium Enterprises (SMEs) free of cost to help manage their accounting and taxes, and stay compliant with GST norms.
NEW DELHI: 1) What’s the direction of GST in the near term?