News - Tiruppur Expoters' Association

Growth-oriented and positive - 03rd February 2020

support@tea-india.org (TEA Admin) — Mon, 03 Feb 2020 10:14:00 +0530

The textile and clothing industry has welcomed the announcements in the Union Budget calling it growth-oriented and positive.

Govt revises drawback schedule for apparel sector; exporters want more FTAs - 03rd February 2020

support@tea-india.org (TEA Admin) — Mon, 03 Feb 2020 10:12:58 +0530

The notification on revision of drawback schedule will come into effect from February 4, 2020.

Budget 2020: MSME Ministry allocated Rs 7,572 crore - 03rd February 2020

support@tea-india.org (TEA Admin) — Mon, 03 Feb 2020 10:11:34 +0530

The Union Budget 2020-21 has earmarked an all-time high allocation of Rs 7,572.20 crore for the Ministry of Micro, Small and Medium Enterprises while announcing a string of initiatives for the sector including raising the turnover threshold for audit of their accounts to Rs 5 crore and a scheme to provide subordinate debt to MSME entrepreneurs.

Textile industry hails abolition of anti-dumping duty on PTA - 03rd February 2020

support@tea-india.org (TEA Admin) — Mon, 03 Feb 2020 10:10:34 +0530

Abolition of anti-dumping duty on PTA (Purified Terephthalic Acid) is a step in the right direction, say textile industry sources.

Industries welcome budget, make suggestions - 03rd February 2020

support@tea-india.org (TEA Admin) — Mon, 03 Feb 2020 10:08:16 +0530

Coimbatore, Feb 1 : Captains of various sectors of industry Saturday welcomed the Union budget and provided suggestions to the finance minister, Nirmala Seetharaman.

Budget 2020 focuses on MSMEs, exports: Modi - 03rd February 2020

support@tea-india.org (TEA Admin) — Mon, 03 Feb 2020 10:03:19 +0530

Prime Minister Narendra Modi on Saturday termed the Union Budget 2020 as a one based on vision and action oriented, adding that the Budget focuses on the MSME sector and exports.

Budget 2020: Captains of industry welcome Union Budget, make suggestions - 03rd February 2020

support@tea-india.org (TEA Admin) — Mon, 03 Feb 2020 10:02:40 +0530

Budget 2020 India: Appreciating the focus on agriculture and farmers welfare, wellness and education and skills, Shanmugham, in a statement, said the measures announced in the budget would help overall development of economy.

Abolition of anti-dumping duty on PTA, a step in the right direction: SIMA - 03rd February 2020

support@tea-india.org (TEA Admin) — Mon, 03 Feb 2020 10:01:41 +0530

PUNE: Reacting to the Union budget proposals 2020-21, Mr.Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA), Coimbatore, in a Press release issued here today, has thanked the prime minister for favourably considering the long pending demand of the industry and abolishing the anti-dumping duty being levied on Purified Terephthalic Acid (PTA) imported from different countries including China, Indonesia, Taiwan, Iran, Malaysia.

Budget lays down the road map for exports: FIEO - 03rd February 2020

support@tea-india.org (TEA Admin) — Mon, 03 Feb 2020 10:00:18 +0530

FIEO President Sharad Kumar Saraf has said that the Union budget has attempted at structural changes in agriculture, horticulture and pisciculture, through 16 Action Points, to make India a major player in agro and allied sectors exports in medium to long term basis besides simultaneously doubling our farmers income.

All tax exemptions to go in long run: FM - 03rd February 2020

support@tea-india.org (TEA Admin) — Mon, 03 Feb 2020 09:59:34 +0530

After slashing income tax rates for individuals on condition that they give up exemptions and deductions, Finance Minister Nirmala Sitharaman on Saturday said the government intends to remove all IT exemptions in the long run.