no tax | YnFx - Part 41

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2016-08-13 12:00:00

Aptma urge govt to enable textile industry undertake $1b investment yearly

All Pakistan Textile Mills Association (APTMA) Punjab chairman Aamir Fayyaz pointing out that the textile and clothing exports of Bangladesh and Vietnam have registered an increase of $2 billion and

2016-08-10 14:30:00

Polartec relocating part of its textile operation at Tennessee plant

Polartec, LLC, manufacturer of fabrics for garment manufacturing companies and best known for inventing fleece materials for companies like Patagonia, North Face and LL Bean is relocating part of

2016-08-05 16:15:00

Branded apparel may get costlier with the implementation of GST

With the implementation of the goods and services tax (GST) that is expected by April 2017. According to industry and experts, tax incidence on branded apparels and other finished textile products

2016-08-04 12:00:00

Disparity in excise duty rates of cotton and MMF likely to be erased

At present, man-made fibres attract a 12% excise duty while cotton fibres attract none. This duty disparity has distorted the domestic consumption pattern in favour of the cotton fibre, divergent to

2016-08-03 16:00:00

Imported cotton find new home in West Java city of Cikarang

Gerbang Teknologi Cikarang (GTC) seeing rise in the number of clients accessing the logistics storage center (PLB) to purchase cotton, from Cikampek located close to the dry port to Bandung some

2016-08-03 11:00:00

Chinese company show interest to invest Rs600cr in Uttarakhand textile park

A Chinese company has evinced interest in investing Rs600 crore in 35 acres in the textile park at Sitarganj in Udham Singh Nagar in the state. This is likely to help the textile industry of

2016-08-02 11:00:00

Garment retailers shift to fixed price to lower duty payment burden

Garment retailers in India have started gradually shifting from the maximum retail price regime (MRP) to fixed price regime after Union Finance Minister Arun Jaitley, while announcing the Union

2016-07-31 17:00:00

FOSTTA opposes 2% excise duty on saris, dress materials

The Central Excise and Customs department has issued fresh circular that the saris, salwar suit and dress materials sold under the brand name and having retail prices above Rs 1,000 will come under

2016-07-30 14:00:00

African countries invite Coimbatore investors to tap unexplored potential

Diplomats of seven African countries, Mali, Tanzania, Ethiopia, Uganda, Zambia, Botswana and Mauritius speaking at a meeting organized by the Confederation of Industry in Coimbatore on Thursday on

2016-07-25 07:17:28

Blended yarn price moves up on surging raw material cost

In Qianqing, PC (65/35) 32s yarn prices moved up US cents 5 a kg in the second week of July while 45s PC combed yarn prices inched up on the week. 32s PV (65/35) were up US cents 6 during the week.

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