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Textile Industry: Delegation meets Textile Minister, Raises Concern over ailing Domestic Industry
March 2015
The Hon’ble Minister was apprised that while Textile Industry was expecting a strong focus from the Government, however, there was no mention of it and nothing was done in the Budget to improve the health of the Textile sector.
Gujarat imposes 5% tax on technical textiles
February 2015
Saurabh Patel, Finance Minister, has announced in Budget 2015-16 that the Government of Gujarat will impose five per cent tax on technical textiles. The proposal to impose tax on technical textiles will bring additional tax revenue of approximately Rs 80 crore, Patel said.
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