A. Sakthivel Archives - Page 2 of 3

Apparel and Textile News Trade Info News

TEA Thanks Sitharaman For Widening MEIS List

The Tiupur Exporters Association (TEA) has thanked commerce and industry minister Nirmala Sitharaman for the notice of Directorate General of Foreign Trade for including countries under Group C also to get two per cent of FOB value of exports as reward under Merchandise Exports from India Scheme (MEIS) in Foreign Trade Policy 2015 – 20. TEA president […]

appareltalk
May 6, 2016
29 Comments
299 Views

Apparel and Textile News Events and Exhibitions News

Tips For Sourcing At Magic Fair

In an interaction with about 50 exporters allied with the Tirupur Exporters Association (TEA), Bob Berg, director (international business), sourcing at Magic Fair from USA event gave them the low-down on how to develop contacts with buyers and brands in the world market through the fair to be held in Las Vegas from August 14. […]

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April 19, 2016
4 Comments
327 Views

Apparel and Textile News Trade Info News

TEA Seeks Withdrawal Of PF Amendment

The Tirupur Exporters Association (TEA) has urged the centre to withdraw the amendment made on withdrawal of employees’ contribution to provident fund after attaining the age of 58. In a letter to union minister of state for labour and employment, Bandaru Dattatreya, TEA president A. Sakthivel said the notification has created an alarming situation in […]

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April 4, 2016
3 Comments
259 Views

Apparel and Textile News Trade Info News

TEA Against The New EPF Notification

Tirupur garment sector stakeholders urged the centre to re-examine the new notification in the Employees Provident Fund Scheme, 1952, that incorporated an amendment which fixed the age limit of 58 years for withdrawing employer’s contribution from the provident fund account. President of Tirupur Exporters’ Association ( TEA ), A Sakthivel said that the notification would […]

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March 30, 2016
2 Comments
285 Views

Apparel and Textile News Trade Info News

TEA Appeals To Relax EPF Withdrawal Order

The Tirupur Exporters Association (TEA) has appealed to the centre to withdraw an amendment which barred employees from withdrawing the employers’ contribution to provident fund before 58 years of age. In a letter to labour minister Bandaru Dattatreya, TEA president A Sakthivel said that the amendment to EPF withdrawal rules has triggered a sense of […]

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March 22, 2016
1 Comment
252 Views

Apparel and Textile News Trade Info News

TEA Welcomes Union Budget 2016-17

Tirupur Exporters’ Association (TEA) president, A. Sakthivel has welcomed the Union Budget presented by the finance minister, Arun Jaitley in Parliament yesterday and said it has addressed the requisitions made by the Association. While complimenting the Budget as positive one, Sakthivel said the focus of infrastructure and initiatives for “Ease of Doing Business” will go a long way in […]

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March 1, 2016
1 Comment
280 Views

Apparel and Textile News Trade Info News

TN Allocates Rs 150 Cr For Skill Development

Tamil Nadu government has allocated Rs 150 crore for the Skill Development Mission and to prepare detailed project reports for setting up of Common Effluent Treatment Plants (CETPs) in the interim budget 2016-17 presented at the state assembly, according to a Tirupur Exporters Association (TEA) release. The CETPs will be set up in Namakkal, Erode, […]

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February 16, 2016
2 Comments
289 Views

Tirupur Exporters’ Association (TEA) president, A. Sakthivel has said the Service Tax refund for export of Knitwear garments has been increased from 0.18 per cent to 0.21 per cent with effect from February three and is claimed as a percentage of the declared Free On Board (FOB) value of the said goods, on the basis of rates specified in the schedule. Sakthivel said he has sent a thanks letter to finance minister, Arun Jaitley for the enhancement of service tax return and noted that this positive measure will also help increase the competitiveness of knitwear garment exports.

Apparel and Textile News Trade Info News

TEA Thanks FM For Enhancing Service Tax Refund

Tirupur Exporters’ Association (TEA) president, A. Sakthivel has said the Service Tax refund for export of Knitwear garments has been increased from 0.18 per cent to 0.21 per cent with effect from February three and is claimed as a percentage of the declared Free On Board (FOB) value of the said goods, on the basis […]

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February 8, 2016
2 Comments
244 Views

Apparel and Textile News Trade Info News

TEA Submits Memorandum To Textiles Ministers

Tirupur Exporters Association (TEA) has thanked textile minister, Santosh Kumar Gangwar for several positive measures taken by the centre under his initiative for the growth of the textile sector. ‘We are confident that with your support and guidance, the whole textile industry, including exports will witness the growth and also provide more employment particularly to […]

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January 25, 2016
1 Comment
301 Views

Apparel and Textile News Trade Info News

TEA For Measures To Arrest Downfall Of Exports

The all India readymade garments exports, including those of Tirupur knitwear have declined by 7.3 per cent in the piriod of August compared to the corresponding month last year and to restore the growth, it is an urgent need for implementing the pending measures like 3 per cent Interest Subvention on Packing Credit, reduction of […]

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September 16, 2015
0 Comments
285 Views

Apparel and Textile News Ministry of Textiles News

TEA Thanks Jayalalithaa For The Memorandum To PM

The Tirupur Exporters Association (TEA), chairman A. Sakthivel thanked the Tamil Nadu chief minister, J. Jayalalithaa for inclusion of textile related issues particularly for effluent treatment plants in Tirupur in her memorandum submitted to the prime minister, Narendra Modi during his visit to the state on August seven. In a letter to chief minister, Sakthivel […]

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August 10, 2015
0 Comments
276 Views

Apparel and Textile News Ministry of Textiles News

TEA For 3% Interest Subvention Scheme

Tirupur Exporters’ Association (TEA) has urged the centre to immediately announce three per cent Interest Subvention Scheme on Rupee Packing Credit to the garment sector. In a release, TEA chairman A Sakthivel said he was expecting some reduction in repo rate in RBI’s third bi-monthly monetary policy statement, 2015-16, but the RBI has kept the […]

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August 4, 2015
0 Comments
409 Views

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Tag: A. Sakthivel

TEA Thanks Sitharaman For Widening MEIS List

Tips For Sourcing At Magic Fair

TEA Seeks Withdrawal Of PF Amendment

TEA Against The New EPF Notification

TEA Appeals To Relax EPF Withdrawal Order

TEA Welcomes Union Budget 2016-17

TN Allocates Rs 150 Cr For Skill Development

TEA Thanks FM For Enhancing Service Tax Refund

TEA Submits Memorandum To Textiles Ministers

TEA For Measures To Arrest Downfall Of Exports

TEA Thanks Jayalalithaa For The Memorandum To PM

TEA For 3% Interest Subvention Scheme