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NEW DELHI: The country's largest bank, the State Bank of IndiaNSE -0.49 %, has been found flouting several rules in its attempt to cover up non-performing assets (NPAs), according to the RBI's annual inspection report. 

THIRUVANANTHAPURAM: With an aim to increase tax collection by 30%, the state GST department is gearing up for raids and assessment drives.

MUMBAI: Formation Textile, the US-based winning bidder of Mandhana Industries NSE 0.00 %, has alleged that lenders to the company led by Bank of Baroda NSE -0.24 % as well as its resolution professional have acted fraudulently during the insolvency process by hiding facts to get a higher offer for the assets. 

TEHRAN- The chairman of Iran’s Union of Garments Manufacturers and Sellers said that boosting garment output and exports is a top agenda of their activities in the current Iranian calendar year (began on March 21, 2019).

New Delhi: In a major relief to exporters, the Centre will now pay the input tax credit (ITC) refunds of state taxes, thereby reducing transaction time and costs, and manual interface in claim processing. 

In a blow to apparel exporters, the EU, Bangladesh’s largest export destination, has extended duty-free access to Vietnam, eliminating the competitive edge that the country held over its biggest rival in the trade.

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