Sunday , November 24 2024

Business

Synthetics amid supply pullback. Demand for relaxation in quality control in textile industry

As specialty and raw materials have become limited for small and medium scale textile manufacturers, such manufacturers have now requested the government. The quality controls imposed on them should be removed. Sources said declining exports, weak domestic demand and raw material prices have not improved and on top of that …

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E-bank guarantee scheme for importers will be introduced in the budget to prevent tax evasion

Ahmedabad: The central government may propose several changes in customs rules to remove customs-related anomalies in the upcoming general budget. The aim will also be to continue some concessions and increase compliance. Sources familiar with the situation said that some important measures have been discussed in customs to promote manufacturing …

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