MP Prioritises Textile Industry for Employment Growth
Madhya Pradesh CM Dr. Yadav champions textiles as key job creator, receives Union Minister's praise for PM MITRA Park progress. MP proposes to host next national conference.
Category : Search result: textile cess
Guwahati Conclave Charts Roadmap for India's Global Textile Hub Goal
Union Minister Pabitra Margherita unveils strategic roadmap at Guwahati conclave to position India as a global textile hub, focusing on sustainability and innovation. Read the full plan.
Punjab & Haryana HC cancels old textile cess demands
Punjab & Haryana High Court strikes down decades-old cess on textile processors, rules dyeing isn't 'manufacture'. Major relief for units in long legal battle. Read the full judgment details.
US Tariff Hikes Threaten India's $16B Textile Exports: Citi
Citi's Sector General warns of rising pessimism in India's textile sector as US proposes steep tariff hikes. Key apparel exports face a 25% duty threat. Read the full analysis.
Explained: 8 Questions Defining India's Fiscal Federalism
A deep dive into India's fiscal federalism compact. Understand the 8 crucial questions on tax devolution, cess, and the Finance Commission's role shaping Centre-State finances.
MP power firms want tariff hike despite lower coal cost
Madhya Pradesh discoms seek a steep tariff hike, projecting a Rs 6,044 crore deficit, despite a 25 paise/unit saving from coal cess removal. Experts say the benefit isn't passed to consumers.
Himachal's BBMB Cess Unconstitutional: Punjab Minister
Punjab's Power Minister Barinder Goyal declares Himachal's 12% cess on BBMB projects unconstitutional, citing a 2011 Supreme Court ruling. He vows to protect Punjab's rights.
Surat's SITME 2026 Expo to Feature Groundbreaking Embroidery Tech
Surat gears up for SITME 2026, a major textile expo from Jan 9. See live demos of Zardosi embroidery machines and new nylon thread tech. Register now!
Punjab vs Himachal: Fresh Row Over Rs 500 Cr BBMB Cess
Punjab Minister Barinder Goyal accuses Himachal Pradesh of imposing an illegal Rs 500 crore land cess on BBMB, calling it a conspiracy against Punjab's treasury. Read the full story on the escalating interstate conflict.
How Surat Powers India's Fashion Dreams
While Mumbai & Delhi grab headlines, Surat is India's fashion engine. It produces 30 million meters of fabric daily & processes 90% of world's diamonds. Discover the city democratizing style.
National Security Cess to be levied on machine speed, clarifies FinMin
Finance Ministry clarifies National Security Cess will be calculated on machine speed, not production output. This impacts importers and aims to safeguard health, security, and strategic interests.
Cigarette Stocks Plunge as New GST, Excise Duty Take Effect
Cigarette stocks like ITC crashed after govt notified new tax structure from Feb 1, replacing GST cess with higher excise. Analysts warn of 15-20% price hikes impacting sales. Full details inside.
New GST Rates on Tobacco, Pan Masala Effective Feb 1
The GST Council has approved new tax rates for tobacco, pan masala, and other items from February 1. Learn about the revised compensation cess and its impact on prices.
GST Collection Holds Strong at Rs 1.76 Lakh Crore
India's GST revenue for December 2024 stands at a robust Rs 1.76 lakh crore, including cess, demonstrating continued buoyancy despite rate rationalization. Explore the detailed analysis.
New Tobacco & Pan Masala Cess: 40% GST + Excise from Feb 1
India's new tax structure for tobacco & pan masala kicks in Feb 1. Cigarettes face extra excise, pan masala gets 48% 'Health Security Cess'. Read the full impact.
Tobacco Stocks Tank 10% on New Sin Tax Cess Announcement
Godfrey Phillips shares fell 10% as new levies on tobacco and pan masala replaced the GST compensation cess. Explore the market impact and details of the January 2026 tax change.
Tobacco Stocks Plunge as Govt Imposes New Excise Duty, Health Cess
Shares of ITC and Godfrey Phillips India plummeted after the finance ministry notified new excise duty and a health cess on tobacco products. Discover the impact on prices and public health.
ITC Stock Drops on Higher Excise Duty, Health Cess in Budget
ITC shares fell after Budget 2026 proposed higher excise duty on tobacco and a new health cess on pan masala, effective Feb 1. Cigarettes set to get costlier. Full analysis inside.
India ITME Society Honors Industry Excellence at 2025 Awards
India ITME Society recognized outstanding contributions to the textile engineering sector at the ITME Technical Awards 2025. Discover the winners and their innovations.
New Tax on Tobacco, Pan Masala from February 1
The government introduces a new tax structure for tobacco and pan masala from February 1, replacing the GST compensation cess with additional duties. Learn the impact.
New Tobacco, Pan Masala Taxes Effective February 1
India hikes excise duty on tobacco and imposes a health cess on pan masala from February 1, likely raising prices for 100 million smokers. Read the full details and impact.
India's Fiscal Tensions: States vs Centre Over Funds
Recent changes to India's rural job scheme highlight deep fiscal fault lines. States argue their autonomy is eroding as the Centre pushes co-financing. Explore the data on tax shares, cesses, and political penalties.
New Health & National Security Cess on Tobacco from Feb 1
The Centre introduces a new health and national security cess on tobacco, replacing the GST compensation cess from February 1. This tax overhaul aims to keep levies high and align with WHO benchmarks. Read more.
Ahmedabad Textile Traders Move to Piplaj for Better Access
Over 125 traders from Ahmedabad's historic New Cloth Market plan a new base in Piplaj near processing units. Citing traffic woes, the move aims to streamline logistics for the massive cotton fabric trade. Read more.
Auto dealers face ₹2,5k cr hit from GST cess removal
Despite a 17% sales surge, auto dealers face profit squeeze and investor flight due to unresolved GST compensation cess. Supreme Court case looms. Read the full analysis.
Nodal Committee to Accelerate Amravati PM MITRA Park Phase 2
Maharashtra MIDC appoints a nodal committee to oversee the ₹1,492 crore PM MITRA Textile Park's second phase in Amravati, targeting 2 lakh jobs. Read the full story.
IIT Delhi invents mosquito-repellent laundry detergent
IIT Delhi researchers create a revolutionary detergent that makes clothes resistant to mosquitoes, offering persistent protection against diseases like dengue and malaria. Discover this innovative defense.
36-Year Wait Ends: Ahmedabad Mill Workers Get Dues
In a landmark verdict, 3,288 workers of a closed Ahmedabad textile mill will finally receive Rs 27.87 crore in dues after a 36-year legal fight. The Gujarat High Court orders disbursement from auction proceeds.
VP: US-India Trade Deal Breakthrough is a Matter of Time
Vice President CP Radhakrishnan assures apparel exporters that a trade deal with the US is imminent. Despite 50% tariffs, India's exports grew 22% in November. Read more on India's $100 bn textile export target.
India-Oman Trade Pact Opens New Doors for Textile Exports
The India-Oman Comprehensive Economic Partnership Agreement (CEPA) promises zero-duty access for Indian textiles, boosting exports and creating over 100,000 jobs. Explore the strategic benefits.
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