« Top Headlines » Open DEMAT Account in 24 hrs  Budget 2024 makes new income tax regime more attractive: See how much taxes you can now save  ITR filing 2024: New vs old income tax regimes, 6 key things to consider while filing your tax return  These five technical glitches may impact your Income tax return (ITR) filing. Know here  ITR filing 2023-24: How to optimise Section 80D deductions at the time of filing tax returns  ITR filing 2023-24: Top 7 mistakes to avoid for hassle-free income-tax return filing this year  Income tax returns for FY 2023-24: Keep these 8 tax law changes in mind while filing ITR this year  ITR Filing 2024: Know who can and cannot file income tax returns using ITR-1 this year  Income Tax Filing: 10 necessary guidelines that you must be aware of  Why you should file your income tax returns before July 31  What is Form 26AS? How to download Form 26AS to file Income Tax Return (ITR)  Income Tax Return: What are the alternatives to Form 16 that can be used while filing ITR? «  Licence for shop can't be renewed as a matter of right: HC... Govt rakes in moolah via tax on cell phones... » Exporters seek IT exemption December, 12th 2006 Exporter associations and federations, including the Punjab Chamber of Small Exporters, today appealed to the Centre to provide income tax exemption on export profit for export units located in the domestic tariff area so that there was a common platform for all.    Exporters want no service tax on export production because export units are registered with the central excise department.    They reiterated the demand on the exemption of service tax on foreign agent commission paid by Indian exporters to procure export orders.    Export houses should be given exemption from VAT because paying VAT and getting refund is cumbersome, resulting in blockage of working capital, said A K Kohli, president of the Punjab Chamber of Small Exporters.    The chamber urged the state government to simplify procedures and reduce paper work for filing monthly returns.    Units in any town/village/city not declared as SEZ or EoU are called Domestic Tariff Area Export Units irrespective of the fact that they are exporting their entire production. These units are not entitled to tax exemptions/benefits.