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New Delhi, Oct 25 (SocialNews.XYZ) The government has issued a new notification towards bringing a major reform in the customs exemption framework towards ease of doing business. The new notification by Ministry of Finance (Department of Revenue) rationalises and harmonises existing customs duty exemptions across various sectors. The Central Board of Indirect Taxes and Customs (CBIC) has consolidated 31 separate Customs Duty notifications into a single comprehensive document. The sectors covere ...Read More >
Mumbai: The Reserve Bank on Wednesday announced a host of measures to help exporters tide over challenges posed by the imposition of 50 per cent tariffs by the US administration on Indian shipments. The measures include reduced paperwork and compliance burden for small exporters and importers. "The export sector is a vital part of India's economy," said RBI Governor Sanjay Malhotra, while announcing steps to further strengthen the sector and enhance ease of doing business for traders. One of t ...Read More >
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