Govt examining removal, reduction of 11% import duty on cotton: OfficialThis move aims to ease cost pressures on domestic textile companies. Discussions are underway with relevant ministries for potential reduct...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
$166 bn Trump tariff refunds open in US, but India still has to ask for a sliceA significant reduction in US tariffs is setting the stage for a $166 billion refund wave. For Indian exporters, the potential for profit e...
Budget: Govt approves continuation of export incentive scheme for apparel, garment till March 2026The Rebate of State and Central Taxes and Levies (RoSCTL) scheme is aimed at compensating for the state and central taxes and levies in add...
West Bengal govt extends rebate on stamp duty till end of 2022The West Bengal government provided a 2% reduction in stamp duty and a 10% in circle rate taken in the year 2021, helping revive the pandem...
Kolkata house sales soar in July as buyers rush to avail benefits of stamp duty cutJuly 2022 is the second-best month in terms of sales registration volume after August 2021. On a month-on-month basis, July 2022 also recor...
Greater Kolkata witnesses 195% month-on-month increase in apartments registered in March 2022According to Knight Frank India, 697 apartment sales documents were registered in the Greater Kolkata in March 2022. While February 2022 sa...
Stamp duty rebate gives big boost to Greater Kolkata’s real estate market: ReportThe stamp duty cut for documents which complete registration between 9th July 2021 to 30th October 2021. Coupled with a 10% reduction in ci...
Govt notifies extension of RoSCTL scheme for textile exportersOn July 14, the Cabinet approved the continuation of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme under which garment e...
Cabinet approves extension of rebate of taxes scheme for export of garments, made-ups from April 1The Union Cabinet approved extension of scheme for Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups from Apr...
Commerce ministry proposes a new export incentives schemeThe new scheme will allow reimbursement of duties on export inputs and indirect taxes through freely transferrable scrips.
No sops on imported equipment for Apple: Nirmala SitharamanNirmala Sitharaman also told the Lok Sabha that all existing exemption from excise to CVD will also be reviewed by the GST Council.
Punjab FM announces big incentives for affordable housing projects in election yearShiromani Akali Dal-BJP govt in Punjab on announced a slew of incentives for affordable housing projects about nine months ahead of the nex...
Budget 2015 axes factory tax rebate on SEZ suppliesWith the new definition of ‘export’, the benefit of rebate on excise duty appears to have been restricted to exports out of India.
- Excise sops on expansion in HP, Uttarakhand to stay
The decision will benefit hundreds of companies such as motorcycle manufacturer Hero Honda and consumer products makers Hindustan Unilever ...
- Export to SEZs to get duty benefits
Consignments from domestic area to customs bound special economic zones (SEZs) should be treated as exports, thus becoming eligible for dut...
- Govt eases duty drawback scheme for exporters
In an effort to boost exports, the government on Thursday modified the procedures on duty drawback schemes of exporters based on the Kelkar...