https://www.financialexpress.com/industry/sme/walmart-flipkart-sign-mou-with-telangana-govt-to-help-msmes-sell-goods-online/3187392/ Clipped from: https://www.financialexpress.com/industry/sme/walmart-flipkart-sign-mou-with-telangana-govt-to-help-msmes-sell-goods-online/3187392/ Under the MoU, Walmart will offer support to MSMEs to digitise their businesses and fuel capacity building for the state of Telangana.
Category: EXIM
Razorpay launches MoneySaver Export Account for SMEs to offer 50% savings on international bank transfers | The Financial Express
https://www.financialexpress.com/industry/sme/razorpay-launches-moneysaver-export-account-for-smes-to-offer-50-savings-on-international-bank-transfers/3187400/ Clipped from: https://www.financialexpress.com/industry/sme/razorpay-launches-moneysaver-export-account-for-smes-to-offer-50-savings-on-international-bank-transfers/3187400/ The facility allows exporters to open an account in any country (out of more than 160 countries) and receive payments locally via the
One District One Product: 137 unique products from 713 districts notified | The Financial Express
https://www.financialexpress.com/industry/sme/137-unique-products-from-713-districts-selected-for-one-district-one-product-mos-prahlad-patel/3187417/ Clipped from: https://www.financialexpress.com/industry/sme/137-unique-products-from-713-districts-selected-for-one-district-one-product-mos-prahlad-patel/3187417/ MoFPI is extending the credit-linked subsidy to individuals interested in setting up micro-enterprises for food processing according to the guidelines of the
👍👍👍👍👍‘India’s major ports are readying for growth’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/indias-major-ports-are-readying-for-growth/article67110786.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/indias-major-ports-are-readying-for-growth/article67110786.ece Shipping Minister Sarbananda Sonowal outlines how major ports are ramping up despite global headwinds Indian ports are witnessing a marked improvement in
👍👍👍👍👍Russia’s oil production cuts offers opportunity to Indian refiners to increase diesel exports to Europe – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/russias-oil-production-cuts-offers-opportunity-to-indian-refiners-to-increase-diesel-exports-to-europe/article67112693.ece Clipped from: https://www.thehindubusinessline.com/economy/russias-oil-production-cuts-offers-opportunity-to-indian-refiners-to-increase-diesel-exports-to-europe/article67112693.ece Trade sources said that Russia is slashing exports, particularly the largest selling medium heavy Ural blend A window of opportunity has opened
Intent to not lag China is behind moves to promote INR trade
https://www.business-standard.com/opinion/columns/intent-to-not-lag-china-is-behind-moves-to-promote-inr-trade-123072300592_1.html Clipped from: https://www.business-standard.com/opinion/columns/intent-to-not-lag-china-is-behind-moves-to-promote-inr-trade-123072300592_1.html The linking of ‘card switches’ will facilitate mutual acceptance of domestic cards and processing of card transactions Listen to This Article During
CBIC notifies new Exchange Rate of Foreign Currency for Import and Export of Goods we.f. 21st July 2023
Clipped from: https://www.taxscan.in/cbic-notifies-new-exchange-rate-of-foreign-currency-for-import-and-export-of-goods-we-f-21st-july-2023/302324/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=CBIC%20notifies%20new%20Exchange%20Rate%20of%20Foreign%20Currency%20for%20Import%20and%20Export%20of%20Goods%20we.f.%2021st%20July%202023 The Central Board of Indirect Taxes and Customs (CBIC) vide notification no. Notification No. 54/2023 – Customs (N.T) has notified the exchange rate on 20th
Japan has immense opportunities for Indian apparel exporters: AEPC – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/japan-has-immense-opportunities-for-indian-apparel-exporters-aepc/article67096894.ece Clipped from: https://www.thehindubusinessline.com/economy/japan-has-immense-opportunities-for-indian-apparel-exporters-aepc/article67096894.ece “We hold a strong business opportunity in Japan reflected by the fact that China, which has been a dominant garment supplier to
Sixth round of India-EU FTA likely in August – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/national/sixth-round-of-india-eu-fta-likely-in-august/article67097590.ece Clipped from: https://www.thehindubusinessline.com/news/national/sixth-round-of-india-eu-fta-likely-in-august/article67097590.ece Discussions could be around specific opening up of government procurement market The sixth round of discussions on India-European Union (EU) free trade agreement
👍No firm export target for FY24, Govt to eye a range | The Financial Express
https://www.financialexpress.com/economy/no-firm-export-target-for-fy24-govt-to-eye-a-range/3176989/ Clipped from: https://www.financialexpress.com/economy/no-firm-export-target-for-fy24-govt-to-eye-a-range/3176989/ X India’s merchandise exports will move into growth territory from September-October after nine months of year-on-year contraction and due persistence of global uncertainties the
👍👍👍👍👍RBI to issue SOP for banks to expedite rupee trade – The Hindu
https://www.thehindu.com/business/rbi-to-issue-sop-for-banks-to-expedite-rupee-trade/article67090992.ece Clipped from: https://www.thehindu.com/business/rbi-to-issue-sop-for-banks-to-expedite-rupee-trade/article67090992.ece NEW DELHI, 29/04/2016: For Index/ Archives—- Indian Rupee is ruling 20 months high against US Dollar, US Dollars being counted, in New
👍👍👍👍👍👍👍GST Refund on Export based on FOB value: A Partial Settlement!
https://taxguru.in/goods-and-service-tax/gst-refund-export-based-fob-partial-settlement.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-refund-export-based-fob-partial-settlement.html The 50th Meeting of the GST Council was held on 11th July, 2023 in New Delhi, under the chairpersonship of the Union Finance & Corporate Affairs
👍👍👍👍👍👍👍No Interest on Wrongly availed IGST time period starting from availment and up to its Reversal CBIC clarifies
Clipped from: https://www.taxscan.in/no-interest-on-wrongly-availed-igst-time-period-starting-from-availment-and-up-to-its-reversal-cbic-clarifies-read-circular/300974/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=No%20Interest%20on%20Wrongly%20availed%20IGST%20time%20period%20starting%20from%20availment%20and%20up%20to%20its%20Reversal%20CBIC%20clarifies With respect to the recommendations of the 50th Goods and Services Tax (GST) Council issued circular No. 192/04/2023-GST on 17th July 2023, the Central Board of
DGFT introduces user-friendly and Searchable Database of Ad-hoc Norms
Clipped from: https://www.taxscan.in/dgft-introduces-user-friendly-and-searchable-database-of-ad-hoc-norms/300881/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=DGFT%20introduces%20user-friendly%20and%20Searchable%20Database%20of%20Ad-hoc%20Norms The Directorate General of Foreign Trade (DGFT) vide trade notice 15/2023-24 notified on 17th July 2023 has introduced the user-friendly and searchable database of Ad-hoc
Selective ICT import duty cut: Commerce department, MeitY divided
https://www.business-standard.com/economy/analysis/selective-ict-import-duty-cut-commerce-department-meity-divided-123071600663_1.html Clipped from: https://www.business-standard.com/economy/analysis/selective-ict-import-duty-cut-commerce-department-meity-divided-123071600663_1.html India, a signatory to the ITA, is required to eliminate tariffs on a range of products, including mobile handsets Listen to This
👍CGST Rule 89(4) or 89(4B)? Refund issue can snowball into major problem
https://www.business-standard.com/opinion/columns/cgst-rule-89-4-or-89-4b-refund-issue-can-snowball-into-major-problem-123071600648_1.html Clipped from: https://www.business-standard.com/opinion/columns/cgst-rule-89-4-or-89-4b-refund-issue-can-snowball-into-major-problem-123071600648_1.html Rule 96A of the CGST Rules, 2017, allows export of goods without payment of IGST after furnishing a bond or letter of
Free Trade Agreements: India and the World – The Hindu BusinessLine
https://www.thehindubusinessline.com/books/free-trade-agreements-india-and-the-world/article67064594.ece Clipped from: https://www.thehindubusinessline.com/books/free-trade-agreements-india-and-the-world/article67064594.ece The author navigates the growth of FTAs over the decades, providing the readers with a reality check on the process and nuances involved
🙏Exports see sharpest decline in 3 years; trade deficit narrows to $20.1 bn
https://www.business-standard.com/economy/news/exports-at-eight-month-low-in-june-at-22-imports-down-17-govt-data-123071400748_1.html Clipped from: https://www.business-standard.com/economy/news/exports-at-eight-month-low-in-june-at-22-imports-down-17-govt-data-123071400748_1.html Merchandise exports witnessed contraction in 21 of the 30 key sectors in June Listen to This Article India’s merchandise exports in June
🙏Exports fall 22 per cent to $33 billion in June – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/exports-fall-22-per-cent-in-june-to-3297-bn/article67079513.ece?cx_testId=28&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EX5KXF1FQK61#cxrecs_s Imports fall 17.5 per cent to $53 billion; trade deficit declines to $20 billion Exports of goods from India declined for the fifth consecutive
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