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Tag: Knitwear Board

TEA proposes to remove permanently Reverse Charge Mechanism
Apparel and Textile News Trade Info News

TEA proposes to remove permanently Reverse Charge Mechanism

The Tiruppur Exporters Association (TEA) has suggested some pre-budget proposal to the Union Finance Minister, Arun Jaitley. The proposal states to remove completely the reverse charge mechanism (RCM), sufficient fund allocation for government schemes, increasing Investment limit for micro, small and medium enterprises (MSMEs). It also includes an establishment of a knitwear board and amending […]

Economic Survey 2017 Specifically Focused Apparel Sector: TEA Hails
Apparel and Textile News Trade Info News

Economic Survey 2017 Specifically Focused Apparel Sector: TEA Hails

The Economic Survey 2017 released by Government of India has, for the First Time, focused specially on Apparel and Leather Sector by introducing a separate chapter for those sectors. In a press release issued today, Shri.Raja M Shanmugham, President said he wholeheartedly welcome this unique move of Government of India. He further mentioned that the […]

SIHMA Wants Knitwear Board In Tirupur
Apparel and Textile News Trade Info News

SIHMA Wants Knitwear Board In Tirupur

The South India Hosiery Manufacturers Association (SIHMA) has urged the centre to set up the proposed Knitwear Board in Tirupur. Since around 46 per cent of the knitwear exported from India originates from Tirupur knitwear cluster, it will be appropriate to make Tirupur the headquarters for the proposed board, SIHMA joint secretary R Damodaran said. […]