News - Tiruppur Expoters' Association

FM holds meeting on GST simplification; similar meetings across country on Dec 7 - 18th November 2019

support@tea-india.org (TEA Admin) — Mon, 18 Nov 2019 11:21:08 +0530

NEW DELHI: Finance Minister Nirmala Sitharaman on Saturday held meeting with chartered accountants, traders and other stakeholders as part of efforts to further simplify Goods and Services Tax (GST) forms and make the filling process more user friendly.

CAIT suggests imposition of minimum operating price for products - 18th November 2019

support@tea-india.org (TEA Admin) — Mon, 18 Nov 2019 11:20:10 +0530

NEW DELHI: Traders body CAIT on Sunday suggested the government to impose a "minimum operating price" for products, alleging that traders are at the receiving end of a pricing onslaught posed by e-commerce firms and brands in collusion with banks.

Textile exports continue slide - 18th November 2019

support@tea-india.org (TEA Admin) — Mon, 18 Nov 2019 11:19:18 +0530

Chennai: Apart from handicraft products and jute products, all the other textile-related products continued their downward slide in exports in the month of October.

Here’s Smriti Irani’s Rs 1,300 Cr plan to upskill 10 lakh youth in 3 years - 18th November 2019

support@tea-india.org (TEA Admin) — Mon, 18 Nov 2019 11:18:19 +0530

The textiles minister’s ‘Samarth’ scheme focusses on addressing skill gaps in apparel and garmenting, knitting, metal handicraft, textile and handloom, handicrafts, carpets, etc., in 18 Indian states.

Pushing exports: India must rethink trade policy - 18th November 2019

support@tea-india.org (TEA Admin) — Mon, 18 Nov 2019 11:15:50 +0530

On October 31, a panel constituted under the World Trade Organisation’s (WTO’s) dispute settlement mechanism issued a ruling in response to a complaint filed by the US government against Indian export incentive schemes.

MSME ministry likely to streamline existing schemes for better results - 18th November 2019

support@tea-india.org (TEA Admin) — Mon, 18 Nov 2019 11:14:55 +0530

The government is drawing up plans to streamline existing schemes for micro, small, and medium enterprises (MSMEs), with an aim to combat liquidity crisis, low professional exposure, and low skills that the sector continues to face.

How to address the challenges expected from new GST returns - 18th November 2019

support@tea-india.org (TEA Admin) — Mon, 18 Nov 2019 11:13:20 +0530

The GST Council approved a new simplified GST return format in its 27th Council meeting. The new GST return aims at enhancing transparency and accuracy of the return filing process. The Council has decided that the new return filing system will be implemented from April 2020.

Over 500 firms to take part international textile and garment industry exhibitions in HCM City - 18th November 2019

support@tea-india.org (TEA Admin) — Mon, 18 Nov 2019 11:03:32 +0530

HCM CITY — Four expos showcasing technologies, solutions and trends meant to upgrade the entire textile and footwear production chain will be held under one roof in HCM City from November 20 to 23.

Policies framed to create 5 crore jobs in MSME sector: Nitin Gadkari - 16th November 2019

support@tea-india.org (TEA Admin) — Sat, 16 Nov 2019 10:26:03 +0530

PUNE: Union minister Nitin Gadkari on Friday said the Centre has designed policies to generate five crore jobs in the Micro, Small and Medium Enterprises (MSME) sector over the next five years.

Gujarat HC issues notices to Centre, State on limiting input tax credit in GST - 16th November 2019

support@tea-india.org (TEA Admin) — Sat, 16 Nov 2019 10:24:36 +0530

The Gujarat High Court has issued notices to Centre and the State Government, besides three others, on limiting the input tax credit to assessees in case the details have not been uploaded by the supplier.