Government Notifies Continuation of Scheme for Rebate of State and Central Taxes
The Government has issued Notification regarding continuation of Scheme for Rebate of State and Central Taxes and levies (RoSCTL) on export of garments and made-ups...
Tag : policies
Centre Takes Series of Measures for Technology Upgradation and Modernisation in Textile Industry
With a view to catalyse technology up-gradation and modernisation in textile industry in the country to make it globally competitive, Ministry of Textiles is implementing...
TEXTILE MINISTER BUOYANT ABOUT 10X GROWTH
Piyush Goyal, the new textiles minister, has set an ambitious target of scaling up the industry’s capacity by 10 times, amid indications that the government...
RoSCTL Scheme on apparels and made-ups Extended till 31 March
Rebate of State and Central Taxes and Levies on apparels and made-ups has been extended till 31 March The scheme is aimed at generating lakhs...
RBI EXTENDS THE INTEREST EQUALISATION SCHEME
The Reserve Bank of India (RBI) extended the validity of the interest equalisation scheme (IES) for pre-and-post-shipment rupee export credit for three months till September...
100% FDI in Single Brand Product Retail Trading and upto 51% FDI
To attract leading international retailers for sourcing their garment and home textiles requirements from India, the Consolidated FDI Policy Circular 2020 provides 100% FDI in...
GOVT HIGHLIGHTS MEASURES FOR REVIVAL OF TEXTILES INDUSTRY
In order to make the textile sector competitive by rebating all taxes/levies in international market, the Government has decided to continue the RoSCTL (Rebate of...
FTA WITH UK ON CONCLUSION STAGE
The Textile Ministry is putting efforts for an early limited Free Trade Deal between India and the UK which will include tariff reduction for textile...
HHEC DISSOLVED BY MINISTRY OF TEXTILES
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved the closure of Handicrafts and Handlooms Export Corporation of India Limited (HHEC),...
GORAKHPUR TO BECOME TEXTILE HUB
Chief Minister of Uttar Pradesh Yogi Adityanath said that Gorakhpur is poised to become a textile hub as readymade garments were the second ODOP (one...