Month: August 2017

Apparel major Arvind Lifestyle Brands Executive Vice President & Chief Financial Officer S Kannan has expressed his disappointment with the Good and Services Tax (GST) filing infrastructure. “We are disappointed about the filing infrastructure. There is a need to watch out for filing documentation. We need to have a robust system in place,” he said. Kannan is a chartered accountant with more than 23 years’ experience of working both in an MNC and Indian company environment. He has played a strategic role to ensure profitable growth of various business units. He has spent seven years in a CFO role,...

TÜV Rheinland India, a subsidiary of TÜV Rheinland Group, Germany, one of the leaders in testing, training, inspection, consulting & certification, recently signed an MoU with Export Promotion Council for handicrafts (epch) to work together in building capacity and capability in the indian Handicraft sector. The MoU was signed by Rakesh Kumar, Executive Director, EPCH and Charan Singh, Regional Director, TÜV Rheinland India. “EPCH is an apex organisation engaged in promotion of exports of handicrafts from the country and project india’s image abroad as a reliable supplier of high quality of handicrafts goods and services,” said Rakesh Kumar, Executive...

The Telangana Government has announced a slew of sops, including capital subsidy, to boost the textiles and apparels sector in the State. The sops are part of the Telangana Textile and Apparel Incentive Scheme 2017 announced by the TRS Government with an aim to attract investments and generate job opportunities for the local population. According to a government order (GO) issued recently, the capital and operational incentives for the textiles and apparels industry will be applicable for both new as well as existing units for the next five years. “The incentives proposed here under shall be operative for a...