Epcg

In the pre-Budget memorandum submitted to the Ministry of Tourism (MoT) and Ministry of Finance (MoF), the association has asked for GST, availing of Export Promotion Capital Goods (EPCG) scheme and Service Exports from India Scheme (SEIS) without a Classification mandate, issuance of tax-free 'Hospitality Infrastructure Bonds'.

Govt bans zero duty import of capital goods for power plants

The decision is aimed at encouraging manufacturing of power equipment and giving a push to domestic capital goods sector, with an aim to boost the overall economy.

Power gen equip import ban to boost local demand: BHEL ex CMD

BP Rao, former Chairman and Managing Director of BHEL highlighted that although Chinese imports were high 3-4 years back, they have gradually reduced since.

Will government`s new incentives rekindle exports?

CRISIL Research has come out with its analytical note based on trade data of March 2013. According to the research firm, the recent plunge in the gold prices is expected to reduce the non-oil import bill in the coming months.

Zero duty on EPCG to push investment in mkt: Arun Goyal

Arun Goyal, Columnist & Expert on Trade Policy believes that India is the 19th largest exporter in the world and largest grower in imports and so whatever happens in the world affects us. "If the world trade is falling, we also fall," he added.

Exporters pin hopes on new foreign trade policy for revival

After meeting industry associations Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce and Industry (FICCI) last week, Commerce Minister Anand Sharma today, met Indian exporters to seek their inputs from the proposed foreign trade policy.