China is expected to report a sharper drop in exports for May as higher U.S. tariffs bite, while imports are likely to contract in a further sign of weakening domestic demand that could spark more stimulus measures.
The Goods and Services Tax (GST) Council, which is likely to meet for the first time after elections in the first half of this month, is likely to take up rationalisation of rates in the textile sector in line with the global markets.
Interest subvention for exporters, besides not picking up, goes against WTO norms. A solution is to extend it to all MSMEs.
A Reserve Bank of India-appointed committee, headed by Nandan Nilekani, has said that digital payments have grown 10-fold over five years and has set a target for additional growth of 10x in three years.
We were unable to claim MEIS benefit within three years of the shipping bill date. Is it time-barred? Is there any remedy?
NEW DELHI: Representatives of central and state governments, industry and exporters will meet on June 6 to discuss ways to boost exports amidst growing protectionism globally, an official said.