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India’s G20 (The Group of Twenty) Presidency inherits volatility of geopolitics coupled with a slowdown in global economic activity. The road ahead for India is full of challenges including the war on Ukraine and the Covid-19 pandemic threatening the global Read more…
New Delhi, Jan 3 (KNN) Director General of Foreign Trade (DGFT), Santosh Kumar Sarangi said that India will soon get its new Foreign Trade Policy (FTP) this year which will also include e-commerce. In an interview with The Print, Kumar Read more…
Export business plays an important role in the economy of the country. A healthy balance, a sustainable development with trade and foreign exchange reserves to maintain the country’s export growth and economic power; it should be a constant and high Read more…
GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE UDYOG BHAWAN, NEW DELHI PUBLIC NOTICE No. 61/2015-2020 New Delhi, the 7th March, 2017 Subject: Harmonising MEIS Schedule in the Appendix 3B (Table-2) with ITC (HS), 2017. The Directorate Read more…
Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 16/2017-Customs (N.T.) New Delhi, the 3rd March , 2017 G.S.R. (E).—-In exercise of the powers conferred by section 157 of the Customs Act,1962 Read more…
Exporters face restrictions in the form of poor incentives and debilitating fees, made worse by surging global competition India had woken up to the huge potential of e-commerce exports when the Centre decided to provide incentives in the Foreign Trade Read more…
Last year was one when Irish business was thrust onto a new level of uncertainty following the Brexit vote and, pending the triggering of Article 50 of the Lisbon Treaty, the UK’s withdrawal from the European Union by March 2019. Read more…
GENEVA. — A global agreement to boost trade by cutting red tape and streamlining border checks came into force on Wednesday, promising a 0.5 percent lift to the world economy by 2030 even as it faces renewed protectionism from the Read more…
A major milestone for the global trading system was reached on February 22, 2017 when the first multilateral deal concluded in the 21-year-old history of the World Trade Organization (WTO) entered into force. In receiving four more ratifications for the Read more…
PROPOSALS INVOLVING CHANGE IN DUTY / TAX RATES: CUSTOMS: Commodity Rate of Duty From To I. Incentivizing domestic value addition, ‘Make in India’ A. Reduction in Customs duty on inputs and raw materials to reduce costs Mineral fuels Read more…