General condition of purchase procedure or procurement plan is most important in every organization. It’s more important to every going concern company to run effectively. The below general conditions of purchase procedure. That will be raised by both Buyer and Seller for RMG or any others sectors. 1.- The present …
Read More »How to Calculate Standard Minute (SM), Produce Minute (PM) & Input Minute (IM) in RMG Secctors
How to Calculate Standard Minute (SM), Produce Minute (PM) & Input Minute (IM) in RMG Secctors– SM is defined as the time which is allowed to perform a completed a Garments Product. Normally it is expressed in SMV. The full elaboration of SMV is Standard Minute Value. SMV term is …
Read More »ZAKAT is one of the five fundamental pillars of Islam
ZAKAT is one of the five fundamental pillars of Islam It’s mandatory on all muslims who are of eligible wealth. Zakat is due from and payable by a person on his wealth not income. Which has remained with him/her for one Islamic year. It is difficult to examine the completion …
Read More »Provide special cash assistance, The Government has decided in the export of garments
Provide special cash assistance, The Government has decided in the export of garments (taritwells and specialized textiles) after the RMG sectors (readymade garments). From now on, 01% (one percent) special cash assistance will be provided to the exporters against the export of textiles. Bangladesh Bank issued a circular on Tuesday …
Read More »Application Process for the Cash Incentive of Garments Export
Application Process for the Cash Incentive of Garments Export. Apparel manufacturers have demand for 5% cash incentives against their exports regardless of destinations as they mention that the industry is passing through a critical. The finance minister announced a special cash assistance of 1 percent in the garment sector in …
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