The output growth of India's manufacturing sector remained weak in April as softer increase in new orders restricted production, employment, input buying and business sentiment, said a news report.
Recently, the Indian government has notified new tax return forms for FY2018-19 (assessment year 2019-20) applicable for individuals, corporates and other category of taxpayers. The new forms contain several additional disclosure requirements vis-à-vis the previous year’s forms.
The speakers urged for reducing cost of doing business in this sector and for image building.
For financial year 2018-19, the Branded Apparel segment of Raymond has recorded sales of Rs 489 crore, up by 21 per cent against the previous year.
The government will extend the same facilities that the garment sector currently enjoys to other sectors as it earnestly looks to diversify Bangladesh’s export basket and reduce the dependency on apparel.
Digital and textile printing manufacturers are all set to present the latest technologies and applications to the speciality print sector at FESPA Global Print Expo 2019 to be organised in Munich during May 14-17.