test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Industry News | Time:Jul 17 2017 3:20PM
GST has imposed price burden on small biz, informal workers: CITU
 
Text size
The Good and Services tax (GST) has adversely impacted the common people, particularly unorganised sector workers and those engaged in small and decentralised manufacturing, such as tailoring, garments, textile, construction, matches & fireworks and passenger & goods transport and so on, the Centre of Indian Trade Unions (CITU) has said.

“Even insurance premium is not spared from high taxation. Normal activities in many of these sectors have been affected and/or collapsed leading to massive job losses,” the trade union said in a resolution adopted by it at its central meeting held in Shimla on Sunday.

CITU said the GST regime had resulted in “enormously higher burden of taxation on many essential commodities”.

Source: Business Line



Related Articles
Xiaoshan started to regulate another 11 industries with heavy
270 enterprises including 17 textile mills in Kunshan to shut down
Guangdong to extend the differential electricity price to 11
Indian cotton yarn exports decline
VN textile-garment trade surplus likely to hit US$15.5 bn this year
Indian weavers awaits official notification on increased import
Bangladesh plans to increase apparels exports mark to USD50 bn by
Ethiopian textile, garment exports earns USD 31.2 mn over last 3
13 dyeing and printing mills in Hanchuan required to finish
Garment, textile sector still strong in Vietnam
 
Research
Development of nylon 6 flat filament market
China's coal-based MEG market in 2017
Brief introduction of VSF overseas markets
 
 

浙公网安备 33010902000742号