CMAI Welcomes Continuation Of RoSCTL Scheme
CMAI welcomed the decision by the Union Cabinet to extend the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) for export of Apparel/Garments and Made ups upto 31st March 2026.
CMAI President, Rajesh Masand, thanked the Government and in particular, the Ministry Of Textiles saying that the “Continuation of Scheme for proposed duration of two (2) years will provide predictability and stability which is essential for long term trade planning, more so in the textiles sector where orders can be placed in advance for long term delivery.”
“The RoSCTL Scheme is in line with the universally accepted principle of International Trade that taxes and duties should not be exported, to enable a level playing field in the international market for exports” he added.
New Delhi, February 2, 2024, Times Internet announces its adoption of Unified ID 2.0 (UID2), a revolutionary identity framework designed for the open internet. This cutting-edge identity solution empowers advertisers to deliver highly targeted content by aligning first-party data with audience information within Times Internet’s fully authenticated logged-in dataset. In response to the deprecation of third-party cookies, forward-thinking publishers are embracing privacy-conscious approaches to navigate the evolving advertising landscape and strategies for a cookie-free future.
Mumbai’s premier food, shopping, and entertainment hotspot, Infiniti Mall is gearing up to host a series of open-air movie screenings at their Malad location throughout the month of February. A top favorite among visitors – ‘holly-bolly evenings’ is set to captivate viewers with an engaging lineup of spectacular movies.
Rau’s IAS Pre-Pareekshan tests give you the real feel of the UPSC Prelims exam and are based on the way UPSC has been asking questions in the actual Prelims
Kolkata, 2nd February, 2024: CS (Dr.) Adv. Mamta Binani, President of MSME Development Forum WB said, “The recently declared Union Budget for 2024-25 carries significant implications for our Micro, Small, and Medium Enterprises (MSMEs). Building on the foundation laid in the previous fiscal year, this budget showcases a commitment to fostering growth and innovation within our sector. The emphasis on de-risking credit inflows to critical MSME sectors, such as automotive and electronics, through measures like credit guarantees and insurance schemes is commendable. These steps address the crucial need for risk mitigation in capital flows. Access to credit remains pivotal for our progress, and the introduced measures like tailored packages, interest subvention schemes, and reduced collateral requirements align with our collective aspiration of propelling India toward a $5 trillion economy. Simplified regulatory procedures, reduced compliance burdens, and potential changes in the capital gains tax structure signal a proactive approach to empowering the MSME community. The budget’s support for the Open Network for Digital Commerce initiative, extension of the concessional tax regime, and increased funding for the ‘Raising and Accelerating MSME Performance’ scheme are notable contributors to our sector’s growth. The allocation of funds for the MSME ministry, exceeding the previous fiscal year, sets a positive trajectory for our enterprises. In conclusion, these budgetary measures have the potential to reshape the destiny of our MSMEs, fostering an environment conducive to formalization, innovation, and unprecedented growth.”
Mumbai, February 02, 2024: – Amazon miniTV – Amazon’s free video streaming service, recently premiered its entrepreneurial drama, Hustlers- Jugaad Ka Khel. The narrative explores Sanjay’s journey who hails from a small village near Kota and is constantly triggered by comparison and competition at home, the black sheep of a middle-class family mostly known as “Manoj ka chota bhai” get through the (IIE) Bombay. Despite facing pressure from his family and relatives, he hustles to the top and succeeds in making his name in the start-up space.