Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: cpt :: TDS :: empanelment :: VAT Audit :: due date for vat payment :: ACCOUNTING STANDARD :: VAT RATES :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
News Headlines »
 How to calculate capital gains tax on property sold at less than stamp value?
 Return Filing - Under GST, this is how you will file tax returns from July 1
 Income tax filing FAQs part 1
 Filing Income Tax Returns? Things To Keep In Mind As Deadline Approaches
 Filing of online return for 4th quarter of 2016-17- extension of period thereof.
 New tax accounting standards may reduce leeway for infrastructure companies
 GST – CONCEPT & STATUS – As on 01st May, 2017
 Govt extends VAT deadline, relief for developers
 Income Tax Appellate Tribunal Rules, 2017
 Got your Form 16? You should file income tax returns early to enjoy benefits
 Want to save tax? Here are 6 best investment options for you

India may miss garment export target
November, 28th 2008
India is likely to miss the $12-billion garment export target this fiscal as the overseas sales are expected to fall below last year's level, an exporters' body today said. Apparel Export Promotion Council (AEPC) said the industry was facing huge losses on account of drying up of orders from the US and European markets in the backdrop of financial crisis. Exports may drop to $8.78 billion in this fiscal, 24 per cent below the target set for 2008-09. Last fiscal, India had exported garments worth $9.69 billion. But the global financial meltdown, particularly in the US and European Union, is impacting the Indian garment industry, with lakhs of workers being laid off, AEPC Chairman, Mr Rakesh Vaid said. Last week, Commerce Secretary, Mr G K Pillai had said there would be about five lakhs job losses in the textile industry in the next five months. AEPC has asked the government for a hike in duty drawback rates, research and development assistance and income tax exemption for five years. It has also sought interest-free loans for investment in machinery with zero-duty import of capital goods scheme and lower fringe benefit tax to offset losses. Many importers have cancelled orders or postponed their delivery schedules. The market sentiment is very weak,'' Mr Vaid said adding overseas buyers are now renegotiating contracts. Several foreign retailers like Steeve and Barry's along with Mervyns have filed for bankruptcy and more are expected. Pacific Sunwear has closed 150 stores, while Lane Bryant, Fashion Bug and Catherines are closing 150 outlets. - PTI
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
SEO Company Search Engine Optimization Company US SEO Local SEO Company Website SEO Company Alabama SEO Company Alaska SEO Company Arizona SEO Company Arkansas SEO Company California SEO Company Colorado SEO Company Connecticut SEO Company Delawa

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions