Exim Policy to retain all promotional schemes
New Delhi: Following the reduction in the peak customs duty from 30 per cent to 25 per cent notified in the 2003-04 budget, there will be a corresponding revision of rates (with value caps) under the post-export duty entitlement passbook scheme in the new export and import policy to be announced on March 31.
Back to News Review index page  

Higher concessions sought for big exporting companies
New Delhi: Three apex promotion bodies are making a determined bid to put pressure on the government to accord those domestic units which export more than 75 per cent of their total output the same concessions as applicable to one hundred per cent export-oriented units in the upcoming Exim Policy.
Back to News Review index page  

India, 3 others to study export standards in developed world
New Delhi: With food safety standards becoming a major impediment to exports to the developed world, research institutes from India, Australia, Thailand and the US have decided to carry out detailed case studies of export standards for a number of product lines of interest from developing countries.
Back to News Review index page  

Direct tax collection up by 14 per cent
Mumbai: Direct tax collection recorded an impressive 14.3 per cent growth at Rs 66,269 crore till March 18 as compared to year-ago period, due to rise in corporation tax mop up.
Back to News Review index page