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BANK REALISATION CERTIFICATE
Mercury Retrograde in Cancer June 29, 2026: What Every Zodiac Sign Must Do Before Delays, Miscommunication and Emotional Chaos BeginMark your calendar. Mercury, the planet of communication, intellect, and decision-making, stations retrograde in the emotionally charged si...
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
Hidden risks in mortgaged properties: Essential due diligence steps for safe buyingA Supreme Court ruling in 2025 favored a land buyer who was defrauded by a seller concealing an existing mortgage. The court affirmed that ...
Govt seeks mode-wise services export data to improve accuracyTo enhance the precision of services export data, the Indian government, via the DGFT, is introducing a 'Mode of Export of Services' field ...
Economic Survey 2024-25: New ‘Trade Connect e-Platform’ launched to help exporters access new marketsFinance Minister Nirmala Sitharaman highlighted India’s efforts to bolster exports through improved logistics, paperless transactions, and ...
Banks asked to ease compliances for exports up to $1,000The Reserve Bank of India (RBI) has simplified export procedures for shipments up to $1,000, benefiting small exporters, especially in e-co...
Modi 3.0 100 days: Commerce ministry takes several steps to support MSME exportersThe commerce ministry has introduced several measures to support MSME exporters facing global challenges. These include the launch of the '...
Pilot launch of upgraded electronic bank realisation certificate system for exporters from Nov 15The commerce ministry plans to soft-launch the revamped electronic Bank Realisation Certificate (eBRC) on November 15. The eBRC is an essen...
Exporter status certificates to be issued based on available electronic data: Commerce MinistryThese certificates provide certain privileges, including simplified procedures under foreign trade policy (FTP) and priority custom clearan...
DGFT, GSTN sign pact for sharing forex, trade related dataThe sharing of data pertains to Bank Realisation Certificate (BRC) which is issued by banks based on realisation of payment against export ...
GSTN inks pact with DGFT for sharing forex realisation dataGSTN is a not-for-profit, non-government, private limited company promoted by the central and state governments with the specific mandate t...
GSTN inks MoU with DGFT for sharing of forex realisation dataThe MoU was signed by Director General of Foreign Trade Ajay K Bhalla and GSTN CEO Prakash Kumar.
Register Aadhaar numbers with banks: Government to pensionersAll central government pensioners should register their Aadhaar numbers with banks in order to avoid any problems faced by them in getting ...
ED signs MoU with DGFT for sharing forex realisation dataForeign exchange realisation data, also called as eBRC, is a significant step in reducing the transaction cost of exporters.
Indian exports to Nepal hit by Customs hurdles: EEPCIndian exports to Nepal have been badly hit due to Customs Department's insistence on a BRC from exporters for claiming drawbacks refunds.
Customs hiccups at Raxaul Port, exports to Nepal affectedThe banks have been specifically disallowed from issuing a physical BRC by DGFT.
DGFT inks MoU with Delhi govt for use of e-BRCIt would help reduce transaction cost to exporters, who will not be required to make any request to bank for issuance of bank export and re...
- India's manufacturing policy to be out soon: Sharma
Prime Minister Manmohan Singh will chair a ministerial meeting next week on the manufacturing policy which is expected to be unveiled soon.
- How to liquidate existing investments
Here is a brief on how to go about liquidating your investment and the possible time frames needed to do the same.
- Duty drawback rule a major relief for exporters
In a major relief to exporters, especially thousands of small and medium-sized units, the CBEC has decided to de-link duty drawback payment...