Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: due date for vat payment :: TDS :: list of goods taxed at 4% :: articles on VAT and GST in India :: empanelment :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: cpt :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: VAT RATES :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
News Headlines »
 Seven things you must do before 31st March
 Income Tax saving investments: Top 5 options available for high-income individuals
 How to use zero tax rule on long term capital gains on stocks
 GST Returns - Furnishing details of inward supplies
 5 ways to maximise you income tax return
 Income-tax (2nd Amendment) Rules, 2017
 Soon, Faster PAN, An App For Filing Tax Returns
 Changes in income tax return filing process
 New Income Tax Rates And Deductions Applicable From April 1, 2017
 Tax and transparencya
 No decision yet on imposing tax on cash transactions

Exporters urge Govt to continue with DEPB, textile upgradation fund
December, 22nd 2006
To ensure global competitiveness of Indian exports


PRE-BUDGET MEETING: The Finance Minister, Mr P. Chidambaram, with the Commerce and Industry Minister, Mr Kamal Nath, at an interactive meeting with export promotion councils in the Capital on Thursday. - Kamal Narang

Exporters on Thursday urged the Government to ensure continuance of the duty entitlement passbook (DEPB) scheme and the Textile Upgradation Fund Scheme (TUFS) besides removal or rationalisation of levies that erode the global competitiveness of Indian exports.

This was conveyed at the first ever pre-Budget and pre-foreign trade policy joint interactive meeting of exporters convened by the Union Commerce and Industry Minister, Mr Kamal Nath, along with the Union Finance Minister, Mr P. Chidambaram.

Stating that exports were a major factor in India's economic growth story, Mr Chidambaram said that he recognised the validity and merit of the exporters' suggestions. "These will be examined and appropriate decisions would be taken," he said, adding that his responsibility as the Finance Minister was to balance the interests of exporters, the industry and of revenue.

Mr Kamal Nath also underlined the need to balance exporters' requirements with the interests of the domestic industry to facilitate the growth of both the sectors. He urged the exporting community to look ahead and strategise to avoid being overtaken by emerging new competitors in the global market place.

Exporters and several export promotion councils sought the removal of 4 per cent central sales tax as it made exports less competitive. They also sought zero duty on imports for export production under the export promotion capital goods scheme to provide a level playing field.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Privacy Policy

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions