5-month duty relief for cotton imports

The exemption will be available from June 1 to Oct 31 NEW DELHI: Govt on Saturday announced a five-month duty exemption for all cotton imports into the country, aiming to cool down prices and ensure that the domestic garment and textiles industry remains in a robust state.The exemption will be available from June 1 to…

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PSG retain Champions League title after penalty shootout win over Arsenal | Football News

PSG’s Fabian Ruiz celebrates after winning the Champions League final (AP Photo/Armin Durgut) Paris Saint-Germain secured a historic second successive Champions League title after edging Arsenal 4-3 on penalties following a tense 1-1 draw after extra time in Budapest on Saturday. Eberechi Eze and Gabriel Magalhães missed from the spot as Mikel Arteta’s side once…

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Us Tariffs Refunds: US tariff row: Refunds in limbo as Donald Trump administration moves to appeal court order

The Trump administration has said it plans to appeal a federal court order that would allow all importers who paid now-struck-down tariffs to seek refunds, a move that could slow or partially halt a multibillion-dollar repayment process already underway.Businesses across the United States have already begun receiving refunds after the US Supreme Court ruled that…

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Cotton duty relief: Textile industry welcomes import tax waiver, sees boost for exports and MSMEs

The Centre’s decision to exempt all customs duties on cotton imports for five months till October 30 is expected to improve cotton availability, reduce input costs and strengthen the competitiveness of India’s textile sector, the Textile Ministry said on Saturday, PTI reported.Industry bodies welcomed the move, describing it as timely relief for the textile and…

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