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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
News Headlines »
 How to use your Form 16
 Which ITR form applies to you for financial year 2017-18?
 Income tax returns filing form-2 released; should you use it? Find out
  Are you planning to file ITR 1 form? here's how to do it Income Tax Return (ITR) filing
 30 LPA-Opening Financial Controller
 ITR form 2 in java release by CBDT for return filing by individuals
 How to file your income tax return using ITR Form-1 Income Tax efiling for AY 2018-19
 Income tax returns (ITR) filing: Have you received I-T dept notice? Safeguard yourself; here is how
 Delayed release of electronic ITR forms may compel CBDT to extend the filing deadline
 Trading volume linked to tax return?
 How to e-verify your income tax return? Here are five ways to do it

FM urged to increase duty draw back rate by 3 pc
December, 15th 2007
Tirupur Exporters Association (TEA) on Friday requested Union Finance Minister P Chidambaram to increase the duty drawback rate by another three per cent, so as to "sustain" in the global market and use the units' capacity fully.

In a letter to Chidambaram, a copy of which was released to the media, TEA president A Shaktivel thanked him for revising upwards the duty drawback rates by one per cent for cotton knitwear products at a time when export was continuously facing a declining trend and showing a dismal performance due to unprecedented appreciation of rupee against the dollar.

Shaktivel requested the minister to consider that hedging cost should be compensated or dual exchange rate should be considered and to fix the value of rupee against dollar at rs 42 for one year for the exporters.

The exporters should be exempted from payment of service tax on all services and Fringe Benefit Tax, he said.

Tirupur Knitwear exporters were making efforts to produce value added garments and exploring new markets and conducting lot of seminars with various Banks to make exporters familiar with the hedging mechanism for using such tools to protect themselves from the currency fluctuation, he said.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Quality Assurance Services Testing and Re-testing

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