« Top Headlines » Open DEMAT Account in 24 hrs  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals   Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Why you need not rush to file your ITR immediately  Income tax returns: ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing  Section 80DDB tax benefits for specified illnesses: 5 things to know  Income tax slabs FY 2024-25: Five tips to help taxpayers decide between old and new income tax regimes  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal «  CA certificate will add to existing expense... Cap on number of investment cos unlikely... » Sector-specific package for exporters on cards: Nath October, 22nd 2007 Government proposes to give a sector-specific package for refund of taxes and levies to exporters hit by a sharp rise in rupee value, Commerce and Industry Minister Kamal Nath said on Monday. Maintaining his optimism that India will achieve export target of $160 billion for 2007-08 despite currency related troubles, Nath said his ministry is preparing a Cabinet note for expanding coverage of refunds to exporters. "We are looking at measures for refund and remission of taxes to ensure that exporters get a level playing field," Nath told reporters before a review meeting to assess the export performance of the plantation sector here. The government had announced a Rs 1,400-crore package for exporters in July and exempted seven items from service tax. He expressed the hope that the export target would be met, "just as targets were met in the previous years". Nath said he would take an overall export review meeting with different export promotion councils in November. Though Nath is hopeful of reaching the export target of $160 billion, his optimism is not shared by senior officials in the ministry. "Even 140 billion will be a tall order," an official had said last week. Besides, there are differences between the Commerce Ministry and the Finance Ministry. The Revenue Department has conveyed to the Commerce Ministry that it is not in favour of refunding the state level taxes to the exporters. "It will be the Cabinet which will take the call," the official said. Rupee has strengthened by about 10 per cent since March this year, putting Indian exporters at a disadvantage against competitors, especially China, whose currency has depreciated along the weakening of dollar.