Home / Knowledge / News / Textiles / Pratibha Ind unhappy with Budget
Pratibha Ind unhappy with Budget
29
Feb '08
Pratibha Industries, Chairman, Pramod Chaudhary, when contacted by Fibre2fashion to know whether his expectations have been met from the Union Budget 2008-09, asserted that even though it's a popular budget, overall it's not encouraging enough.

The company had various expectations like reduction of corporate tax from 35 to 30 percent, alongwith cut in excise duty of capital goods, yarn and so on.

The Chairman, Pratibha Industries, said, "Our demands have not been taken into consideration, as there is no boost provided to textile industry. Over and above this, the custom duty on Naphtha has increased by 5 percent, leading to rise in cost of finished product."

Fibre2fashion News Desk - India


Must ReadView All

Respresentatives of over 30 Chinese companies in a meeting with officials of Kazakh Invest National Company; Courtesy: primeminister.kz

Textiles | On 17th Aug 2018

Kazakh-China cooperation in textiles explored in Astana

China and Kazakhstan have immense potential to cooperate in textiles...

Courtesy: Pexels

Textiles | On 17th Aug 2018

AWEX EMI closes at highest ever level of 2116ac clean/kg

The Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI)...

Courtesy: VF Corporation

Apparel/Garments | On 17th Aug 2018

VF Corporation shifting global headquarters to Denver

VF Corporation, one of the largest apparel, footwear and accessories...

Interviews View All

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


August 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search