The Global Competitiveness Report 2019 showed India falling 10 positions, to the 68th rank, in the World Economic Forum's (WEF) Global Competitiveness Index.
A peculiar trend is playing out under the goods and services tax (GST) regime in the current fiscal year.
NEW DELHI : Haryana GST authorities have arrested two persons for generating fake invoices and fraudulently availing input tax credit totalling ₹127 crore.
RCEP is a mega free trade agreement of 10 ASEAN countries with their six FTA partners, India, China, Japan, South Korea, Australia and New Zealand.
Profit margins of branded apparel retailers are likely to remain under pressure during the September quarter, due to higher discounting, shift in consumers’ preferences to value-based purchases and extension of the ‘end of season sale’ period.
The Indonesian trade ministry is working with a special task force to audit producers’ importer identification numbers (API-P) to verify the textile industry's import quantity and identify possible ‘import leaks’, according to trade minister Enggartiasto Lukita, who recently said in Batu, East Java, that he is yet to confirm the source of excess imports.