Categories: Business

Cotton duty relief: Textile industry welcomes import tax waiver, sees boost for exports and MSMEs

The Centre has exempted customs duties on cotton imports for five months until October 30, aiming to boost availability and reduce costs for India’s textile sector. This move is expected to enhance competitiveness, particularly benefiting MSMEs and enabling garment exporters to secure orders more effectively amidst global volatility.

The News Vista

Leave a Comment
Share
Published by
The News Vista
4 months ago

Recent Posts

93% of deleted Bengal voters have won appeals, EC tells SC

However, It Says Exclusions Didn't Affect Outcome Of Assembly Polls

2 hours ago

‘Could change a lot’: Zelenskky and Trump to meet in New York ahead of UNGA

Ukrainian President Zelenskyy and US President Trump have agreed to a crucial meeting in New…

3 hours ago

Yemeni national attacks Sikh bus driver in Telford, smashes & hijacks vehicle

3 hours ago

Couple built $40,000 home with YouTube, sold it for $290,000 and moved to Florida

After building a budget-friendly home in New York for just $40,000 and selling it for…

4 hours ago

Punjab CM launches ‘Mann Da Munafa’ door-to-door campaign highlighting welfare initiatives

4 hours ago

Michael Dell’s $10.9m Boston penthouse heads to auction with $6.5m reserve

Michael Dell's luxurious penthouse in Boston is hitting the auction block with a starting bid…

4 hours ago