« Top Headlines » Open DEMAT Account in 24 hrs  MSME Payment Rule in Tally Prime: Understanding the Law and Its Impact on Businesses in 2025 The MSME (Micro, Small and Medium Enterprises) Payment Rule is a legal framework introduced under th  Multipurpose Empanelment Form (MEF) 2025 26 Meaning, Purpose, and How to Manage It in Tally Prime  GST Appellate Tribunal (GSTAT) Structure, Powers, and Its Relevance in Tally Prime Implementation  How Tally Prime Supports the Real Estate & Construction Industry in India  Comparison Between Tally Prime 6.1 and Tally Prime 6.2  How Tally Prime Renewal Helps Save My Data  Where to Buy Tally Prime 7.0 at the Best Rates Possible  CBDT extends specified date for filing of various reports of audit for the Assessment Year 2025-26  Tax audit deadline nears: Will Finance Ministry grant an extension?  Are large income tax refunds getting delayed? Here s what you can do if you are yet to receive refund  MSME Form 1 for Enhanced Reporting in Tally Prime Silver «  Be courteous: FM tells Income Tax dept... Direct taxes likely to be top earner... » Duty drawback rates may be hiked to help exporters June, 09th 2007 The finance ministry is considering a suggestion by the commerce ministry to enhance duty neutralisation rates to make up for the revenue lost by exporters due to sharp appreciation in the rupee.   Commerce Secretary GK Pillai has informed us that serious discussions would be initiated with the finance ministry and the RBI for enhancing the duty entitlement passbook scheme (DEPB) and drawback rates to 4-5 per cent, Federation of Indian Export Organisation (FIEO) President Ganesh K Guta said here.   Another proposal to compensate exporters in the backdrop of a fluctuating currency is that they may be paid interest on their export earners foreign currency account on a par with what the foreign currency non-resident account holders get.   Gupta said Commerce and Industry Minister Kamal Nath had convened a meeting with exporters on June 13 to review the situation.   The FIEO president said he had warned the government that the much touted export target of $160 billion for this year would not be met if immediate steps were not taken to neutralise the rupee impact on exporters.   A severe impact will be visible on the exports by July-August. The worst hit sectors are handicrafts, textile, leather, gems and jewellery, and chemicals, he said.