Tirupur: Apparel exporters applauded the central government’s decision to continue the Merchandise Exports from India Scheme (MEIS), an incentive scheme to promote exports, till December 31, 2019.
Incentives announced by the government will help in boosting the country's exports at a time when there are signs of worsening global economic conditions and it will help in boosting outbound shipments, according to exporters.
Mumbai: The Indian rupee and government bond prices fell on Monday as a surge in global crude prices following a drone attack on Saudi Arabia's oil facilities stoked inflationary and fiscal slippage concerns.
The GST Network on Saturday decided to make Aadhaar authentication or physical verification mandatory for new dealers from January 2020 to check malpractices in Goods and Services Tax.
New Delhi: The Goods and Services Tax (GST) Council meeting on Friday is likely to be a stormy affair, with some states opposing the Centre’s proposal to cut tax on automobiles, citing revenue shortfalls and previous instances of businesses failing to pass on tax cuts to consumers.
New Delhi: The impending conclusion of negotiations for the contentious Regional Comprehensive Economic Partnership (RCEP) trade deal may have forced the Indian government to announce a comprehensive package for exporters—akin to a mini foreign trade policy—to boost their competitiveness.