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Budget 2024 Expectations: Garment Exporters Call For Tax Incentives To Boost Manufacturing

The Budget is scheduled to be presented on February 1.

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Budget Textiles: Apparel exporters seek tax incentives in Budget 2024 to boost manufacturing, ET Retail

Union Budget: The Apparel Export Promotion Council (AEPC) has urged the Indian government for tax incentives, including uniform GST rates, enhanced interest subsidies, and budgetary support for branding and marketing in the upcoming budget. AEPC emphasized the need for tax concessions for apparel manufacturers following Environmental, Social, and Corporate Governance (ESG) standards.

Mithileshwar thakurMedium enterprisesApparel export promotion councilCorporate governanceMan made fibreConcessional ratesSecretary generalBudget textilesImport of goods at concessional ratesMedium enterprisesRetail budget 2024Apparel export promotion council

Budget 2024: Apparel exporters seek tax incentives to boost manufacturing

Apparel exporters body AEPC says a uniform GST rate of 5 per cent should be levied across the entire MMF (man-made fibre) value chain (fibre, yarn and fabric)

Mithileshwar thakurMedium enterprisesApparel export promotion councilCorporate governanceMan made fibreConcessional ratesSecretary generalBudget 2024Apparel exportersTax incentives

Apparel exporters seek tax incentives in Budget to boost manufacturing

Apparel exporters seek tax incentives in Budget to boost manufacturing
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Mithileshwar thakurApparel export promotion councilMedium enterprisesCorporate governanceMan made fibreConcessional ratesSecretary general

Budget textiles: Apparel exporters seek tax incentives in Budget 2024 to boost manufacturing

Union Budget: The Apparel Export Promotion Council (AEPC) has urged the Indian government for tax incentives, including uniform GST rates, enhanced interest subsidies, and budgetary support for branding and marketing in the upcoming budget. AEPC emphasized the need for tax concessions for apparel manufacturers following Environmental, Social, and Corporate Governance (ESG) standards.

Mithileshwar thakurApparel export promotion councilMedium enterprisesCorporate governanceMan made fibreConcessional ratesSecretary generalBudget textilesImport of goods at concessional rates

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