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.
More Stories
UGRO Capital–Dun & Bradstreet Report Highlights MSME Resilience Amid Trade Pressures
Mumbai, Jan 20: UGRO Capital Ltd., a leading DataTech NBFC focused on MSME lending, has released the 4th edition of the MSME Sampark Report, prepared in collaboration with Dun & Bradstreet. The report features...
KONE India inaugurates Central Regional Office in Hyderabad, strengthening presence across Central India’s key growth markets
Hyderabad, Jan 20: KONE, a global leader in the elevator and escalator industry, today inaugurated its Central Regional Office, marking...
Budget 2026: Fintech and Digital Lending Sector Seeks Greater Focus on Quality Skill Development
Mr. Gaurav Sharma, Chief Human Resources Officer, True Balance (Balancehero India & True Credits)“Ahead of the Union Budget, there is...
Whirlpool reimagines fabric care with Xpert Care Washing Machines featuring Ozone Air Refresh Technology
Hyderabad, Jan 20: Whirlpool of India Limited, a pioneer in home appliances, is reimagining fabric care with the Whirlpool Xpert Care range featuring cutting-edge Ozone Air Refresh Technology. Designed for consumers who value clothes longevity...
Budget 2026–27: Gems & Jewellery Sector Calls for Cost-Reducing Reforms to Drive Exports and Jobs
Mr. Mangesh Chauhan, Managing Director Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, Senco, JoyalukkaAs India finalises Budget 2026-27, the gems...
27th Annual C.D. Deshmukh Memorial Seminar 2026 Highlights Roadmap for Advancing Life Insurance Inclusion for Viksit Bharat 2047
Left To Right - Mr. B. C. Patnaik Director, National Insurance Academy, Pune | Mr. R. Doraiswamy CEO & MD,...
