By
Biz2Credit Advisor
Government of India is currently focusing on becoming prime player in world trade by 2020. The commerce department has made it clear that the exports are expected to reach US$450-billion (bn) in the span of next three years from estimated US $225 bn in 2010-11. This is good news for the export industry that comprises of ...
TAGS Tags: export industry, Garments Exporters Association, GEA, Goods and Service Tax, GST, MSMEs, Textile and Apparel, VAT
CATEGORIES Small Business News
Though the vote on account extended the interest subvention scheme for six months, the vote disappointed exporters, according to A. Sakthivel, President of the Federation of Indian Export Organizations (FIEO) in an article published by www.smetimes.tradeindia.com "Looking at global slowdown and stimulus announced by other countries we were expecting exemption of fringe benefit tax, service tax, re-introduction of income ...
TAGS Tags: Commerce and Industry Minister, drawback rates, export industry, export obligation and revalidation period, exporters, forward cover, fringe benefit tax, income tax exemption on exports, investment allowance, marketing development schemes, service tax, service tax refund, settlement of losses in derivatives, stimulus, the Federation of Indian Export Organizations (FIEO), vote on account
CATEGORIES Small Business News
The government will announce sector-specific stimulus packages over the next four to six weeks in addition to the two previous packages to protect jobs, said Ashwani Kumar, the Minister of State for Industries in an article published by (http://smetimes.tradeindia.com/smetimes/news/top-stories/2009/Feb/02/special-packages-to-protect-jobs-soon-ashwani-kumar.html) The government is considering a package to support small business owners, specifically the export industry, which has posted negative growth for ...
