GST to usher in problem of classification of items: EEPC IndiaIn a presentation to the GST Council, EEPC India cited examples of several items where the exporters would end up paying much higher GST th...
Trade deficit at 29-month high as gold imports riseImports grew 49%, buoyed by a 211% rise in gold imports, while exports increased 19.7% to $24.6 bn, widening trade deficit to $13.2 bn from...
SMEs to gain from tax cut amid pain due to demonetisation: EEPCIn Budget 2017, FM Arun Jaitley has proposed a cut in corporate tax rate for micro small and medium enterprises with revenue less than Rs 5...
Exporters have high hopes from Budget 2017"Transparency and the value chain integration should help ensure the ease of doing business and reducing the transaction costs for the dome...
India Inc disappointed as RBI keeps rates unchanged"The consumption demand has been impacted post demonetisation and a rate cut would have given a strong signal to the consumers and to the i...
India Inc hails passage of GST Bill, hopes for April 1 rolloutGST, billed as the biggest economic reform since 1991, will replace a raft of different state and local taxes with a single unified value a...
Nirmala Sitharaman led delegation visits Russia to strengthen trade tiesIndia and Russia have set the goal of boosting bilateral trade to $30 billion and mutual investment to $15 billion by 2025.
India seeks to boost engineering exports to RussiaEEPC India and the India Brand Equity Foundation (IBEF) will spearhead a delegation to ‘INNOPROM’, the flagship Russian engineering and tec...
India to project manufacturing hub plans at Russian industrial trade fairThe Russian organisers said that India, having great economic power with its more than 1.2 billion people, will be put in the spotlight at ...
Exports drop for 15th straight month; trade deficit narrowsIn the first 11 months of the current financial year, India’s exports were $238.4 billion compared with $286.3 billion in the same period l...
Exporters happy with broad Budget 2016 thrust, though wanted specific steps for reliefEEPC India also welcomed the proposed changes in the Customs Act to provide for deferred payment of customs duties for importers and export...
India's exports drop 13.6% in January to $21 billion in 14th straight fallJanuary exports fell 13.6 per cent from a year earlier, while imports dipped 11.01 per cent, data released by the Ministry of Commerce show...
Engineering Export Promotion Council urges Centre to tweak promotional schemes amid sharp fall in exportsIndia’s engineering exports, which accounted for over 21% of the country's total exports in December 2015, fell 29% to 4765.51 million from...
Extend benefits of Start-up India initiative to small and medium exporters: EEPCBhasin said the government should extend the benefits of the programme to SME exporters who are battling the global slowdown.
No consolation for us if exports from rest of the world falling: TS BhasinThe chairman of the apex engineering export organisation said the government should extend the benefits of the Start-Up India programme to ...
Engineering exports may decline to USD 62 billion in FY16: Engineering Exports Promotion CouncilEEPC said that despite a 7-8 per cent depreciation in rupee against dollar during 2015, shipments in 2015-16 will be confined to USD 60-62 ...
India’s engineering products exports may fall to $60 billion from last fiscal: EEPC India reviewThe situation has worsened due to protection given by the government to the domestic steel firms by way of safeguard duty and anti-dumping ...