The government mulls over increasing the cash incentive for exports by one percentage point as it looks to motivate exporters to leverage the sudden opportunities presented by the US-China trade war.
The 15th Finance Commission is unlikely to heed the request of state governments to extend the period for the goods and services tax (GST) compensation beyond the initial five years, holding that tax buoyancy will take care of the current shortfall in revenue in some states.
The interim stay order passed by the Gujarat High Court, in a petition filed by Ghanshyamlal and Company stayed the impugned demand where the petitioners challenged the vires of IGST related notification.
Roughly over two months ago, on March 4, the US President Donald Trump had notified Congress of his intention to terminate the Generalized System of Preferences (GSP) for two nations—India and Turkey.
Exit polls may not have enthused bond traders like their peers in equity and forex markets. Yields are down just six basis points this week. However, bond investors should remember that the biggest buyer, the Reserve Bank of India (RBI), is still around.
Gurugram, May 21 (KNN) Trade finance firm Drip Capital apprised the SME exporters in Gurugram about the alternative working capital solutions like invoice factoring process.