New Delhi: The Centre on Friday extended the interest equalisation scheme on pre- and post-shipment rupee export credit by two months for the micro, small and medium enterprises (MSMEs). The scheme, which seeks to promote outbound shipments by providing interest benefits to exporters, was to end on June 30. It has now been extended to … Read more
New Delhi: The government is unlikely to raise the allocation for its key tax remission schemes for exporters in the full budget for 2024-25 amid demand for increased support from the exporting community, senior officials said. In the interim budget presented in February, the government earmarked ₹16,575 crore for the Remission of Duties and Taxes … Read more
New Delhi: Indian exporters have sought priority shipment facilities for local micro, small and medium enterprises (MSME) as transhipment of Bangladesh’s export cargo to third countries through the Delhi Air Cargo complex is causing delays, inflating freight expenses. The Noida Apparel Export Cluster (NAEC), where 80% of the apparel production and export units are MSMEs, … Read more
