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The Cotton Textiles Export Promotion Council

TEXPROCIL Chairman appeals for immediate announcement of relief package for the exporters

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...

India Inc reacts to Budget 2020

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...

Texprocil welcomes rate of 5 per cent for yarn and cotton fabrics

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...

India Inc hails implementation of GST

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...

GST rates for gold, diamond, footwear, packaged goods, textiles announced

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...

TEXPROCIL Welcomes Abolition of RCs for Cotton Yarn

The Government has abolished the requirement of Registration Certificates vide DGFT Notification No. 103/2009-14 dated 8th December 2014.R.K. Dalmia, Chairman, The Cotton Textiles Export Promotion Council  ( TEXPROCIL) said, “This is a proactive and progressive step which will reduce...
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Jubilant Foodworks Q4 net profit rises multi-fold to Rs 208.24 cr

In the Indian market, JFL's revenue from operations at Rs 1,331.3 croreNew Delhi: Jubilant Foodworks Ltd (JFL) on Wednesday...
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