Home >

India Central Bond Textile Company Will Have To Pay 5% Of The Tax.

2011/8/31 13:35:00 60

India Central Textile Merchants Pay 5

India

center

Raghavji, the state finance minister, said the textile manufacturer of central state would have to temporarily pay five percent of the tax because the government had issued a notice.


The minister's wholesale to the state.

Spin

When the industry representatives spoke, they assured him that he would discuss the matter with the governor Shivraj Singh Chauhan and asked him to cancel the 5% tax.


Traders asked the government to give textiles tax exemption measures, because the state's annual budget has already made such a guarantee.

Traders said they did not receive anything from consumers.

additional

Therefore, they are unable to pay taxes to the government.


The Ministry of finance has issued a notice to levy 5% tax on textiles.

Previously, textiles had been imposing a 1% entry tax, and businessmen now have to pay 6% of the tax.


The central government is a friendly merchant state. After consulting with the chairman, it may withdraw 5% of the tax.

But at the same time, businessmen will have to pay taxes first.

  • Related reading

A Weekly Review Of Australian Wool Market (As Of August 26Th)

Global Perspective
|
2011/8/31 13:12:00
47

North America Tannin Develops New Elastic Fabrics

Global Perspective
|
2011/8/31 12:00:00
41

Leather Exports In Pakistan Showed An Upward Trend In July.

Global Perspective
|
2011/8/31 11:47:00
41

US Department Of Agriculture: Global Cotton Trade Will Increase By 2.2% Annually In The Next Ten Years.

Global Perspective
|
2011/8/31 11:26:00
46

Dongli Japan Has Developed A New Type Of Deodorant Garment Fiber.

Global Perspective
|
2011/8/30 10:32:00
46
Read the next article

The Bilateral Trade Volume Between China And Russia Is Expected To Break $70 Billion This Year.

From 1 to July 2011, Sino Russian bilateral trade grew by 37.4% over the same period last year, reaching 42 billion 200 million US dollars, and it is expected to exceed US $70 billion for the first time in the whole year.