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Ludhiana Textile Exporters Seek Exemption from 45-Day Payment Rule Amidst West Asia Crisis

Industrial bodies in Ludhiana have urged the Union government to grant an immediate exemption from Section 43B(h) of the Income Tax Act, warning that escalating disruptions in West Asia are placing severe financial strain on exporters and manufacturing clusters. The appeal has been led by the Chamber of Industrial & Commercial Undertakings (CICU), a Ludhiana-based […] The post Ludhiana Textile Exporters Seek Exemption from 45-Day Payment Rule Am…
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Apparel Resources broke the news in on Monday, March 9, 2026.
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