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Related Keywords: Apparel and textile sector, Apparel Export Promotion Council, Bihar government, Bihar industries department, Investments

The Bihar industries department to attract investments in the state apparel and textile sector in association with Apparel Export Promotion Council (AEPC) organised an apparel meet at Ludhiana on Friday to showcase the initiatives taken by the Bihar government.

According to a press release, Bihar principal secretary (industries) S Siddharth gave a detailed presentation to the participants on policy initiatives, infrastructure, ease of doing business and availability of land and skilled workers in Bihar.

Related Keywords: Apparel and textile sector, Bangladesh textile, tax at source

The Bangladesh government has reduced tax at source for the apparel and textile sector to 0.30 per cent from the existing 0.80 per cent. The directive came following the apparel makers demand to reduce the tax at source to 0.25 per cent from the existing one to help the sector recoup losses caused by the prevailing political unrest. The exporters will enjoy the benefit from January 01 last till June 2015.