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Bombay High Court on Monday said that the Goods and Service Tax (GST) was ‘not tax-friendly’. “A tax like GST was highly publicised and termed as popular. These celebrations mean nothing. The special sessions of Parliament or special or extraordinary meetings of the council would mean nothing to the assessees unless they obtain easy access to the website and portals.

The ability to communicate, lead, persuade, and persist are seen as increasingly important in companies where the ability to work in teams and across disciplines is prized. Studies have demonstrated that workers who combine technical ability with those soft skills have more job opportunities, and see greater wage increases.

Swedish home furnishing company Ikea has opened a 2.3 lakh-sq ft distribution centre in Pune with an investment of Rs 100-crore and is also scouting for land in Maharashtra state to build more warehousing facilities over the next two to three years at an investment of Rs 750 crore, according to Bimal Patel, manager of distribution operations at Ikea India. 

The reclassification of micro, small and medium enterprises (MSMEs) and 5 per cent reduction in tax on annual turnover of companies up to Rs 250 crore will help manufacturing and increase employability in textiles sector, Indian textiles minister Smriti Irani has said. Domestic manufacturers will also benefit from increase in customs duty on silk.

The Indian textiles ministry is busy finalising the long-pending National Textiles Policy, but the government cannot offer a time-line for its announcement, said textiles minister Smriti Irani recently. Three different steering committees comprising experts and industry representatives are trying to find ways to address the sector’s challenges, she said. 

EFI (Electronics For Imaging), a global technology firm, is showing its award-winning end-to-end solution for digital textile manufacturing, the EFI Mini Textile Factory, at the ongoing Sourcing at MAGIC, the apparel, garments, and fashion clothing & accessories industry event, which is being held from February 11 to 14, 2018, in Las Vegas, in booth #66806. 

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