Trending Now
- CM Vijay inaugurated the expansion of the ‘Kamarajar Breakfast Scheme’ at the Thiruvanmiyur Corporation Middle School and sat with the students to have breakfast.
- “An astrologer reportedly told Vijay that he faces a threat related to prison, advising him to visit a jail briefly to symbolically ‘dip his hands’ there, and suggested that he wear a black coat and a black ‘pottu’ (dot on the forehead) to ward off the evil eye.” – Seeman
- “Minister Aadhav should study Communist history. We have no intention of toppling the government. He should make allegations with restraint.” – CPI leader Veerapandian
- India wins its first Gold medal in Women’s Cricket at the Asian Games in Japan.
Coimbatore
Textile body hails revision of job work rates for textile and other sectors
June 11, 2017
Indian Texpreneurs Federation (ITF) today welcome the revision of job work rates for textiles, leather and gems and jewellery sectors to five per cent from 18 per cent announced earlier.
In a statement, ITF secratary, Prabhu Dhamodharan said that for the past one week, all associations from here were requesting and representing for this reduction, which was done in the GST Council meeting today.
Thanking Finance Minister, Arun Jaitley and Textiles Minister, Smriti Irani and Council for the reduction, he said that this will help SME clusters like Coimbatore, Tirupur, Erode and Karur in a big way to be inside the tax net and contribute to
the Nation by way of taxes at the same time without any big burden on tax outgo.
“This revision shows the willingness of govt to listen to the concerns of the manufacturing sector,” Prabhu said.
