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MMF industry seeks excise duty cut to 8% from 12%

The Indian Textile Industry is one of the key and integrated industries in the Indian economy. It is the largest employer after agriculture. It employs approximately 35 million people directly and......

Textiles: Slash excise duty on MMF

The Indian textile industry has an overwhelming presence in economic life of the country. As per the data in FY09, it constitutes 14% on Industrial production, 4% to GDP and 17% to country's export......

Transportation costs of petrochemicals may go up

Budget provision The following changes in the duties have been proposed in the Union budget 2009-10: Excise duty on naphtha to be reduced to 14%. Excise duty on PTA and DMT to be increased from 4%......

Chemicals: Budget fails to act as catalyst

Contrary to expectations of the chemical sector, Budget turned non event with no major sector specific changes, except in petrochemicals which was necessitated for MMF sector. The following changes......

Textiles: Cotton yarn producers to gain

As expected earlier, Union Budget has touched on the points for the relief of Textile Industry. However, it has left a mixed bag of impression in the industry players but also addressed its needy......

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Dmt

News for Dmt

MMF industry seeks excise duty cut to 8% from 12%

Textiles: Slash excise duty on MMF

Transportation costs of petrochemicals may go up

Chemicals: Budget fails to act as catalyst

Textiles: Cotton yarn producers to gain

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