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Govt steps have boosted toy exports from India, but more work still needed: DPIIT Secretary

Government measures such as mandatory quality control orders and increasing customs duty have helpe…

PTI   


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Govt to launch scheme for exporters to reimburse state levies this year: Finance Minister Nirmala Sitharaman

These taxes include value added tax (VAT), electricity duties and fuel used for transportation,…

PTI   


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Bajaj Auto Q2 net profit rises 17% to Rs 2,020 crore

Bajaj Auto said its consolidated net profit increased 17.51% to Rs 2,020 crore for the September qu…

PTI   


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Govt approves tax reimbursement scheme for exporters

The reimbursement of taxes such as duty on power charges, VAT on fuel in transportation, farm secto…

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Cabinet may approve scheme for exporters to reimburse levies on Friday

It is proposed to digitally refund to exporters, duties and taxes levied at the centre, state, and…

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NIRVIK scheme to provide high insurance cover for exporters: FM

New Delhi, Feb 1 () Finance Minister Nirmala Sitharaman on Saturday announced Nirvik (Niryat Rin Vi…

PTI   


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RBI extends interest subsidy scheme for exporters till March 31, 2021

"The exporters have to borrow for longer period and therefore reduction in interest rate by 5 per …

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Finance Bill's new tax collection norms may make exports expensive, says an expert

The Finance Bill 2020 proposes a new tax subsection (1H), under 206 C requires TCS at the rate o…

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Mobile phone exporters to get 4% incentive under duty drawback scheme

The increased incentive of 4 per cent or Rs 350 per handset whichever is less from the earlier cap…

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Digital service tax explained: India backs out of equalisation levy after global tax agreement kicks in

The expanded equalisation levy became applicable from April last year to a range of digital se…

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India smartphone exports touch 11 million till September 2020 – Samsung leads with 9.8 million units

The South Korean giant exported 9.8 million units of smartphones, followed by Xiaomi at 0.6 …

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OPINION: Tax consolidation schemes is the need of the hour for India’s renewable energy sector

India has made revolutionary development in the renewable energy (RE) sector. In the last 7.5 ye…

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5 mins read

The difference between Narendra Modi’s ‘Make In India’ and ‘Atma Nirbhar’ programmes⁠— and why the latter may work better

Six years after ‘Make in India’, analysts are hoping that the Atma Nirbhar Bharat programme will ha…

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1 min read

Textile industry expects budget to spur exports

Mumbai, Feb 1 () The textile industry on Saturday said the Budget proposal to offer a scheme for re…

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Export sector starts feeling pinch of coronavirus: FIEO

"The government may ease out the liquidity by immediately releasing all exports benefits to export…

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Indian pharma exports miss target, stand at $20.58 billion in FY' 20

Though the exports started doing well in 2019-20 and it has been a good year for the first th…

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Assam govt sops to tea sector to boost exports: ITA

The northeastern state, the largest producer of tea inthe country, has also allowed interest subven…

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Commerce ministry preparing district export plan to boost shipments

The products identified, which has export potential, from the 750 districts in the country include…

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Govt tightens export ban norms for anti-malarial drug hydroxycloroquine

"The export of hydroxycloroquine and formulations made from hydroxycloroquine...is no longer allowe…

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Customs dept to seek district-level data on goods from exporters

According to a circular by the Central Board of Indirect taxes and Customs (CBIC), exporters will …

PTI