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Parag Dave

As seen in: MSN India, MSN UK, BrandEquity.com, ET Energy World, ET Government, ETAuto, ETHRWorld, ETRealty, India Times, The Economic Times and
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Articles

Times Dhandho: Gujarat’s fibre-to-fabric chain feels the strain from rising input costs

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By Niyati Parikh, Parag Dave, Yagnesh Mehta Verified
| Outliers: A TOI+ series
Gujarat’s textiles industry is seeing early signs of recovery in production, exports and order enquiries, but a sharp rise in raw material, fuel and chemical costs is squeezing margins across the value chain. Although capacity utilisation and orders have improved, manufacturers remain cautious. Higher input costs are pushing up working capital and limiting profitability. The outlook is nevertheless positive. The industry is expecting festive demand and improving export enquiries to support volumes.
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Business or profession? Wrong code triggers income tax notices on ‘defective returns’

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By Parag Dave
| Outliers: A TOI+ series
Ahmedabad : An incorrect code in an income tax return (ITR) has put several business taxpayers under the department’s compliance scanner. Several from Ahmedabad have received defective return notices, flagging returns in which the selected business or profession code is absent, incorrect or does not correspond with the taxpayers’ activities reported in the financial statements.
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Times Dhandho: Ahmedabad industries face the relocation test Original

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By Parag Dave, Niyati Parikh
| Outliers: A TOI+ series
Ahmedabad’s industrial landscape has changed sharply over five decades. GIDC estates such as Vatva and Naroda were developed on the city’s outskirts to keep manufacturing away from dense habitation. Urban expansion has since surrounded these clusters with residential and commercial development. The clusters are now weighing Gujarat’s push to move industries outside city limits, but high relocation costs are making businesses cautious.
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