Five months after the roll out of the goods and service tax (GST) regime, exporters have pointed out that last mile, procedural issues continue to
Category: EXIM
Exports from India falter; not the rupee, here are the factors to be blamed – The Financial Express–29.11.2017
At a time when both global growth and trade are perking up, India’s exports aren’t seeing any traction. In fact, disconcertingly, the growth in exports
Garment makers fear exports will drop 15% to $14 billion this fiscal | Business Line–29.11.2017
Garment manufacturers are apprehensive of an over 15 per cent drop in exports in 2017-18 to $14 billion, from $17 billion a year ago, because
GST’s real gain is efficiency and sustainability | analysis | Hindustan Times–29.11.2017
The implementation of the Goods and Services Tax (GST), considered to be the most important policy change in India since economic liberalisation, has the potential
Crisil’s urges focus on labour-intensive sector’s issues as exports fall | Business Standard News–28.11.2017
At a time when global trade is set to accelerate, the fall in India’s export is disquieting and structural changes in labour-intensive sectors such as
Rs 50,000 crore of exporters’ GST refund stuck | Business Standard News–27.11.2017
At least Rs 50,000 crore worth of goods and services tax (GST) refunds of exporters for four months are stuck, impacting working capital and outbound
Apr-Oct trade deficit soars 60% to $88 billion: Report – The Economic Times–23.11.2017
Trade deficit has ballooned to USD 88 billion between April and October, up 60 per cent from the comparable period a year ago due to
Revival is on the horizon, with Indian public docilely adjusting to the twin shocks of demonetisation and GST–23.11.2017
The most charitable way to describe the recent shock of demonetisation, followed by a rushed implementation of GST, is to discount it as creative chaos.
With oil prices rising, try more self-reliance–23.11.2017
Prime Minister Narendra Modi was lucky that oil prices were low when he took over in 2014, so he could tackle the economy that was
GST Tax Slab: 12% & 18% GST slabs may be merged, 28% for demerit goods: Arvind Subramanian – The Economic Times–22.11.2017
The government may combine the 12 per cent and 18 per cent slabs for goods and services tax (GST) into one in the near future
GST rules changed on refund claims | Business Standard Column–20.11.2017
The finance ministry has decided that applications/documents/forms pertaining to refund claims on account of certain zero-rated supplies shall be filed and processed manually till further
The dangers of an overvalued rupee | Business Standard News–19.11.2017
An export-led growth strategy with appropriate structural reforms, comprising liberalisation and an open economy, results in sustained productivity-led growth, as exports promote better resource allocation,
Moody’s upgrade may widen trade deficit, impact exports already hit by GST | Business Standard News–18.11.2017
While the government cheers India’s ratings upgrade by global ratings agency Moody’s, the move might further widen the already yawning trade deficit. Moody’s Investors Services
Step on the gas: External sector data signal problems, government must accelerate economic and jobs growth–Times of India–17.11.2017
Recent economic data suggest that government has its work cut out. Data for external sector, current account and trade deficits, signal that employment intensive sectors
Exporters in a spot as GST refunds delayed | Business Standard News–17.11.2017
“After paying the GST four months in a row and without receiving any refunds, small and medium enterprises are at a breaking point. There is
Congress blames haphazard implementation of GST for trade deficit ballooning to 3-year high – The Financial Express–16.11.2017
The Congress has once again hit out at the Narendra Modi government over the GST, saying that its haphazard implementation led to the ballooning of
GSTN utility for exporters to claim refunds to go live tonight – The Financial Express–16.11.2017
Merchant exporters can start claiming tax refunds using the new utility that will be activated on the GST Network portal tonight, GSTN CEO Prakash Kumar
Hit by GST, exports fall 1.2% to $23 billion in Oct | Business Line–15.11.2017
Exporters have blamed the implementation of the Goods and Services Tax (GST) that has “squeezed’’ the working capital for exporters for the decline. This
More of the GST rules thicket | Business Standard Column–13.11.2017
Two weeks earlier, I wrote that the notifications for refund of Goods and Services Tax (GST) on deemed export and payment of 0.1 per cent
Who needs a few dollars more in debt?–Economic Times–11.10.2017
We in India seem hooked to foreign debt inflows, never mind the myriad macroprudential risks involved, including artificial strengthening of the rupee. The Reserve Bank
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