As many as 634 cases of fraudulent GST refund claim by exporters amounting Rs 1,912 crore has been detected by the central tax authorities between July 2017 to January 2020, Parliament was informed on Tuesday.
Highlighting the acute liquidity problem faced by Apparel and Made ups exporters, particularly those in MSME, exporters’ body FIEO has urged the government to intervene to resolve deadlock.
MUMBAI : The Reserve Bank of India (RBI) on Tuesday notified extension of the deadline for a one-time restructuring scheme of small business loans by another nine months to 31 December.
Garment manufacturers in Myanmar have completed collecting data to help them decide on a new minimum wage for workers, according to Daw Nwe Nwe Oo, who led the team that conducted the survey.
Buying from a small brand really makes the local economy thrive, rewarding their hard work with your patronage, allowing the creative artisan to grow and prosper.
The Southern Gujarat Chamber of Commerce and Industry (SGCCI) recently submitted a representation to the Indian textile ministry for setting up of a textile machinery park in Surat for promoting indigenous manufacturing and reducing dependence on China, Japan, South Korea and Taiwan for such machinery. The delegation was led by SGCCI president Ketan Desai.