Lok Sabha passes Taxation Laws (Amendment) Bill, 2016

The Lok Sabha has passed the Taxation Laws (Amendment) Bill 2016 to pave the way for employers in the textile sector to avail of the income tax benefit. The Bill seeks to amends the Income Tax Act (IT), 1961 and ..

Month: Current Affairs - August, 2016

India sets up apparel training centre in Kaduna, Nigeria

India has set up an apparel training centre in Kaduna, Nigeria to support textiles industry of the West African country. This is a first of its kind centre in Nigeria which has been set up by India in partnership with ..

Month: Current Affairs - July, 2016

Union Cabinet approves special package for Textile and Apparel sector

The Union Cabinet has given its approval for a special package for employment generation and promotion of exports in Textile and Apparel sector. Decision in this regard was taken by the Union Cabinet meeting chaired by Prime Minister Narendra Modi ..

Month: Current Affairs - June, 2016