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Entire textile chain under tax net now
The Goods and Service Tax (GST) has helped both Centre as well as States to gather data on small manufacturers and consumption, and the entire textile chain is now brought under tax net and segment of land and real estate transactions has also been brought into tax net “works contracts”, Finance Ministry said.
Strong demand for WeftMaster FALCON-I in US
During the Techtextil USA show, which has been held in Atlanta/Georgia, USA, end of May, Loepfe experienced very strong demands for its yarn control solution WeftMaster FALCON-i.
Cotton price to rise 8-10%?
The Cotton Advisory Board (CAB) has revised its cotton output estimate to 370 lakh bales (1bale= 170 kg) from the previous estimate of 377 lakh bales for cotton season 2018 beginning October 1, 2017.
EAEU-Vietnam FTA yields positive results
According to statistics released by Vietnam Customs, trade between Eurasian Economic Union (EAEU)and Vietnam hit $3.9 billion in 2017, up 3 per cent from 2016.
Say ‘No’ to fabric pilling with new treatment
Textile innovators at HeiQ, with help from researchers from Deakin University's Institute for Frontier Materials (IFM), have developed a range of ‘No Fuzz’ treatments that reduce unsightly pilling
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