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Fair Date :  12 Oct 2019

 

Venue :  Community Christian Church, Camdenton,  USA

Citing liquidity crisis, TirupurExporters Association (TEA) on Friday urged the Centre toclear pending claims related to Drawback, Rebate on StateLevies (RoSL) and Rebate of State and Central Tax and Levies(ROSCTL), including IGST.

TEA urges Centre to release pending claim amounts Coimbatore, 0ct 4 (PTI) Citing liquidity crisis, Tirupur Exporters Association (TEA) on Friday urged the Centre to clear pending claims related to Drawback, Rebate on State Levies (RoSL) and Rebate of State and Central Tax and Levies (ROSCTL), including IGST.

NEW DELHI: The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India on Friday slashed the short-term lending rate, repo rate, by 25 basis points in its fourth bimonthly policy review.

The Union Ministry of MSME is extending major financial support for setting up of technology centres and clusters for development of micro, small and village industries in Odisha.

The Finance Ministry on Friday said that the Reserve Bank’s decision to lower benchmark lending rate will complement recent measures taken by the government to accelerate growth. Earlier in the day, RBI cut the repo rate by 25 basis points to 5.15 per cent.

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