August 6, 2026
Home Articles posted by Textile Insights (Page 200)
Cotton

NBR Scraps 2% AIT On Imports Of Cotton & MMFs

Bangladesh’s National Board of Revenue (NBR) has scrapped the recently imposed 2% advance income tax (AIT) on imports of cotton and man-made fibres (MMFs) used in the country’s garment and textile sector. The exemption, effective immediately, applies exclusively to industrial Import Registration Certificate (IRC) holders, as per a gazette notification issued on 17
Corporates

T.T. Ltd. Begins Production At New Howrah Unit

T.T. Limited has commenced commercial production at its newly established factory in Howrah, West Bengal, starting July 2025. Spanning 1.25 lakh sq. ft., the facility is located within the West Bengal Hosiery Park, a strategic location known for its robust knitting ecosystem and skilled workforce. Proximity to Kolkata and its port also provides a logistical […]