Thu, Apr 11, 2024
"The ministry will do revamping of some schemes like interest equalisation scheme. We would propose an extension of the scheme for five years. The scheme is doing good, and it is helping the exporters," the official said.
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Mon, Dec 19, 2022
Mumbai-based exporter and chairman of The Bombay Textile Research Association S K Saraf said exports are key drivers to promote the country's economic growth and the Budget should address issues being faced by the sector.
Sun, Dec 18, 2022
They have also suggested certain tweaks in customs duties and availability of credit at affordable rates to boost exports and create jobs.
Thu, Sep 09, 2021
The central government is going to provide big relief to exporters by releasing Rs 56,027 crore under various Export Promotion Schemes. Benefits would be disbursed to more than 45,000 exporters.
Mon, Aug 17, 2020
Amending the e-assessment scheme launched last year, the Central Board of Direct Taxes (CBDT) has notified changes to include change in nomenclature of scheme from ''E-assessment scheme'' to ''Faceless Assessment Scheme''.
Fri, Jun 07, 2019
Commerce and industry minister Piyush Goyal on Thursday told industry and exporters to stop depending on the crutches of subsidies and grants from the government, and strive to make industry more competitive and self-reliant.
Mon, Feb 25, 2019
The list requires immediate expansion as many MSME (micro, small and medium enterprises) units exporting auto-components, are deprived of MEIS.
Sun, Jan 06, 2019
He also said the issue regarding GST credit/refunds that exporters have been facing is also addressed "to some extent," after his ministry raised it with the finance ministry recently.
Fri, Aug 17, 2018
Exporters today said the depreciating rupee may be beneficial for certain segments in the short term but global buyers may start asking for discounts if the unit would stay near the 70 mark.
Mon, Mar 12, 2018
GST refund claims: Nearly 70% of refunds are still stuck even after eight months of GST roll out, the exporters claim.
Fri, Oct 06, 2017
Last month, exporters mentioned that an estimated Rs 65,000 crore is locked up in GST refunds. Jaitley plans to implement an e-wallet platform for exporters to make things easier.
The 22nd GST Council Meeting is likely to discuss a special package for the micro, small and medium enterprises (MSMEs) and exporters.
Sat, Sep 30, 2017
FIEO in a statement said micro and small exporters will be immensely benefited from this decision as they were struggling to get bank guarantee
The Finance Ministry today announced that it will allow exporters to show Letter of Undertaking instead of a bond when exporting of goods or services or both.
Thu, Sep 28, 2017
GST has been launched since July 01, 2017 and India Inc has been asked to registers under the regime before August 15, 2017. However, many industry and exporters faced various problem since the launch of this regime.
Fri, Jun 03, 2016
A higher opening in the domestic equity market backed up the rupee at the Interbank Foreign Exchange.
Thu, Jun 02, 2016
The dollar's weakness against some currencies overseas supported the rupee but a lower opening in the domestic equity market restricted gains,
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