Tags

The official GST portal launched by the government is www.gst.gov.in. The website is a one-stop solution for all information, filing, queries and other technicalities related to the new tax regime.

KARACHI: Textile exports rose 7.2 percent to $8.79 billion during the first eight months of the current fiscal year of 2018 as value-added sector continued to post recovery in foreign earnings, official data showed on Tuesday.

In line with an announcement made by finance minister Arun Jaitley in his latest Budget speech, the labour ministry has extended full-benefit, fixed-term jobs — already a feature in the labour-intensive garment and leather industries — to all sectors of the economy.

Fibre production in India should match the projected doubled production of textile and clothing products by 2025, according to the country’s textile commissioner Kavita Gupta, who inaugurated the regional office of the Synthetic and Rayon Textiles Export Promotion Council in the premises of Southern India Mills’ Association (SIMA) in Coimbatore last week. 

The Pakistan Textile Exporters Association (PTEA) has praised the release of Rs 5 billion to clear claims of duty drawback of taxes (DDT) allowed under the Prime Minister’s Trade Enhancement Initiatives, saying the move will offer the needed flip to textile exports. PTEA chairman Shaiq Jawed termed the move a positive step for sustainable growth. 

With India's apparel exports further declining by 10.25 per cent during the month of February 2018 against the corresponding month of February 2017, industry body Apparel Export Promotion Council (AEPC) has raised concerns over the downward trend.

Subcategories