The Cotton Textiles Export Promotion Council

Exporters of textiles and clothing are passing through unprecedented times, said Dr. K.V.Srinivasan, Chairman of The Cotton Textiles Export Promotion Council (TEXPROCIL). Exporters have closed down their production facilities due to the lockdown on account of COVID-19. Dr. Srinivasan...

Union finance minister Nirmala Sitharaman presented her second budget on February 01, 2020 at a time when the economic growth has plunged to a six-year low amidst a persistent slowdown in the economy followed by a weak demand. Here is how...

The GST Council, in its meeting held recently classified yarn and cotton fabrics under 5 percent category of GST. “The rate of 5 percent for cotton textiles is very progressive and will lead to the growth and development of the entire...

The Goods and Services Tax (GST) is on schedule for implementation from July 1. Hailed as the biggest tax reform since India’s independence, GST will replace an array of central and state levies with a national sales tax, thereby...

The GST Council on Saturday completed the work of bringing all items under a 4-slab tax structure with gold attracting 3 per cent rate, ending suspense on the item dear to Indians, even as all states barring West Bengal...