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Last Updated :Feb 11, 13:59 IST
MCX Cardamom
764.5     (-28.7)
NCDEX Poly Vinyl Ch..
55500     (0)
NMCE Rapeseed / Mu..
596.8     (-4.5)
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Last Updated : 04 February 2009 at 16:50 IST
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China hikes textile export tax rebates

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BEIJING : In an effort to support its struggling textile industry, China on Wednesday decided to increase export tax rebates for textile and garment makers to 15 percent from 14 percent.

The move followed two increases last year the value-added tax rebate for textile and garment exports.

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Support for the textile industry is part of the Chinese government's overall campaign to support its slowing economy.


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MCX WHEAT 18 May 2012 contract was trading at Rs 1222.2 . What's your view on it?
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