February 23, 2026
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MSME 45-day payment rule : Traders to urge new NDA govt for up to 180-day time limit

June 8, 2024 EXPORT, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Traders’ body Federation of All India Vyapar Mandal (FAIVM) will urge the new NDA Government to extend the time period for payment to MSMEs from their buyers to up to 180 days

CBIC initiates electronic disbursal of duty drawback amount directly to exporter’s bank accounts through PFMS

June 6, 2024 Customs, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : In an effort to facilitate trade, Central Board of Indirect Taxes and Customs (CBIC) will electronically disburse duty drawback amount directly to exporter’s bank account in a transparent and efficient manner

New government to inherit strong economy, focus on making India developed nation by 2047

June 5, 2024 Trade, Business, COMMERCE, Economy, Finance, Infrastructure, Trending News
NEW DELHI : India’s world record beating economic growth rate together with robust tax revenues, a fast expanding digital and financial infrastructure, and a strong manufacturing sector, will give the new government, a base

Big export push on top of govt agenda

June 5, 2024 EXPORT, Economy, Finance, Trade, Trending News
NEW DELHI : The government is considering setting up a dedicated overseas market development body– IndTrade– and a national branding division to get to the goal of $ 2 trillion in exports by 2030.

CBIC invites suggestions on draft ‘Central Excise Bill, 2024’ in pre-defined format from stakeholders by 26th June 2024

June 5, 2024 Customs, Finance, Trade, Trending News
NEW DELHI : The Central Board of Indirect Taxes & Customs (CBIC), Department of Revenue, Ministry of Finance, invites suggestions on the draft ‘Central Excise Bill, 2024’ from stakeholders by 26th June 2024. The CBIC

India receives highest FDI from Singapore in 2023-24

June 4, 2024 Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : India received the highest foreign direct investment (FDI) from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5 per cent due to global economic uncertainties,

DGFT taps export bodies for inputs on efficacy of interest equalisation scheme

June 3, 2024 EXPORT, Economy, Finance, Trade, Trending News
NEW DELHI : The DGFT has sought information from various export bodies on the trade finance eco system in India and related challenges to assess if the government’s interest equalisation scheme for exporters is yielding results
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