Textile weavers reminded to adhere to the 30-day payment time limit under the Income Tax Act, promoting timely payments and smooth business transactions in the textile industry.
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Textile traders from Surat met FM Nirmala Sitharaman to raise concerns over new payment norms in the Income Tax Act. Weaving industry players support the norms, while textile retailers across the country have stopped buying from Surat traders. Surat's weaving industry leaders oppose the demand for extending the payment time limit.
Textile traders from Surat met FM Nirmala Sitharaman to raise concerns over new payment norms in the Income Tax Act. Weaving industry players support the norms, while textile retailers across the country have stopped buying from Surat traders. Surat s weaving industry leaders oppose the demand for extending the payment time limit.