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.
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Mixed response to cloth delivery ban | Surat News indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Meeting between textile traders and weavers in Surat on Monday
Surat: In the ongoing standoff between textile weavers and traders over transportation costs, matters took a serious turn on Tuesday after various textile traders’ bodies decided to stop accepting supply of grey cloth from Wednesday onwards if their demands are not accepted. In a joint meeting on Monday evening held at Surat textile market, the traders also decided to seek permission from local authorities to call for a public meeting over the issue.
Seven different associations of traders have formed a joint front Vyapari Ekta Manch (VEM) to find a solution to the issue of discount and transportation charges with the Federation of Gujarat Weavers’ Association (FOGWA).