NEW DELHI: Bringing key petroleum products in the ambit of the Goods and Services Tax, easing licensing needs and taxation for upstream projects, enhancing third-party access to gas pipelines and helping in faster execution of city gas projects to stimulate gas demand in the country would be some of the key measures the new government may want to consider to energise the hydrocarbon sector.
The National Institute of Micro, Small, and Medium Enterprises (Ni-MSME) is organising a one-week training programme on strategic approaches for MSME development, media reports said.
The London Textile Fair (TLTF) 2019 July edition is set to focus on Autumn/Winter 2020 pre-collections. With more than 500 exhibitors, TLTF is the UK’s premier platform for fashion fabrics, clothing accessories, print studios, and vintage garments. The leading textile trade fair will be held on July 16-17, 2019, at the business design centre, in London.
The government mulls over increasing the cash incentive for exports by one percentage point as it looks to motivate exporters to leverage the sudden opportunities presented by the US-China trade war.
The 15th Finance Commission is unlikely to heed the request of state governments to extend the period for the goods and services tax (GST) compensation beyond the initial five years, holding that tax buoyancy will take care of the current shortfall in revenue in some states.
Vietnam’s textile firms have rejected the proposal to raise employees’ retirement ages, saying most women workers suffer from huge workload-related stress in a job environment that requires intense focus for 10 hours a day. The government is drafting a bill to raise the retirement age by two years for men to 62 and by five years for women to 60.