Category: EXIM
*****Budget tweaks Customs duties to boost local manufacturing amid US tariffs
Clipped from: https://www.business-standard.com/opinion/columns/budget-tweaks-customs-duties-to-boost-local-manufacturing-amid-us-tariffs-125020501756_1.html Average tariff levels: India’s average import tariff stands at 17 per cent, while the trade-weighted rate is lower at 12 per cent, according
Export mission to ease woes of MSME exporters: DGFT – SME News | The Financial Express
lipped from: https://www.financialexpress.com/business/sme/export-mission-to-ease-woes-of-msme-exporters-dgft/3737966/ Most of the allocation for the Export Promotion Mission (EPM) will focus on addressing MSME export credit needs and promoting alternative financing instruments
*****Weaker rupee seen as boost for exports, but reality is more complex: FIEO | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/weaker-rupee-may-boost-exports-but-challenges-complicate-reality-fieo-prez-125012401292_1.html Explaining it further, he said, that if the rupee depreciates by 2 per cent and the currencies of key competitors decline by 3-5
*******A macro tightrope walk: Balancing domestic slowdown, global challenges
Clipped from: https://www.business-standard.com/opinion/columns/a-macro-tightrope-walk-balancing-domestic-slowdown-global-challenges-125011601528_1.html The challenge for macro policy is to respond to the domestic slowdown without appearing to let its guard down against a hostile global
*Commerce dept seeks to extend 2 export schemes ahead of Union Budget | Budget 2024 News – Business Standard
Clipped from: https://www.business-standard.com/budget/news/commerce-dept-seeks-to-extend-2-export-schemes-ahead-of-union-budget-125011601066_1.html The commerce department is now seeking an additional allocation of Rs 1,600-1,700 crore, which will allow the government to drag the scheme till
***For goods sent abroad for repairs, no tax implication based on value | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/for-goods-sent-abroad-for-repairs-no-tax-implication-based-on-value-125010601296_1.html The facility to import components under EPCG scheme for assembly or manufacture of capital goods by the importer was available earlier but has
*****Rupee worries – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rupee-worries/article69057945.ece RBI should review strategy on containing rupee volatility The rupee has been creating headlines in recent weeks, recording lifetime lows every other day.
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