Apparel and Leather industry key to generation of formal and productive jobs: Economic Survey 2016-17 Economic Survey recommends reforms in labour and tax policies to make the Apparel and Leather sector globally competitive

Apparel and Leather industry key to generation of formal and productive jobs: Economic Survey 2016-17 Economic Survey recommends reforms in labour and tax policies to make the Apparel and Leather sector globally competitive https://www.taxtmi.com/news?id=17343 Apparel, leather and footwear can generate formal jobs but face higher logistics costs, constraining labour regulations, and tax and tariff distortions that bias production toward cotton and leather despite global demand shifting to man-made fibres and non-leather footwear. The Survey recommends rationalizing domestic indirect taxes under GST, pursuing FTAs to improve market access, implementing labour law reforms to encourage employment creation, and complementing employment subsidies with measures to reduce logistical and regulatory barriers. en-us Tue, 31 Jan 2017 13:07:16 +0530 Tue, 31 Jan 2017 13:07:16 +0530 TaxTMI RSS Generator Apparel and Leather industry key to generation of formal and productive jobs: Economic Survey 2016-17 Economic Survey recommends reforms in labour and tax policies to make the Apparel and Leather sector globally competitive https://www.taxtmi.com/news?id=17343 Apparel, leather and footwear can generate formal jobs but face higher logistics costs, constraining labour regulations, and tax and tariff distortions that bias production toward cotton and leather despite global demand shifting to man-made fibres and non-leather footwear. The Survey recommends rationalizing domestic indirect taxes under GST, pursuing FTAs to improve market access, implementing labour law reforms to encourage employment creation, and complementing employment subsidies with measures to reduce logistical and regulatory barriers. News - Tue, 31 Jan 2017 13:07:16 +0530 https://www.taxtmi.com/news?id=17343