RoDTEP Scheme and Export competitiveness – Explained, pointwise

Introduction After delaying by 8 months, the government of India has notified the rates and norms for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. Accordingly, the Commerce Ministry released details of the RoDTEP scheme to help exporters to stay competitive and increase exports at a time when there is an increase… Continue reading RoDTEP Scheme and Export competitiveness – Explained, pointwise

How can  the new rebate scheme help exporters? (On RoDTEP scheme)

Source: Livemint What is the news? Recently, the Commerce Ministry released details of new scheme RoDTEP scheme to help exporters to stay competitive and increase exports at a time when there is an increase in demand from developed economies. Background Read here: Govt notifies RoDTEP rates, guidelines How does the new scheme work? The refund… Continue reading How can  the new rebate scheme help exporters? (On RoDTEP scheme)

A delayed intervention (On need to exports)

Source: The Hindu What is the news? After delaying by 8 months, the Government has notified the rules and rates under Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. Based on these, exporters can claim rebates on the taxes paid on their exported items. Must read: RoDTEP scheme Current scenario India is looking… Continue reading A delayed intervention (On need to exports)

Govt notifies RoDTEP rates, guidelines

Source: Livemint and The Hindu What is the News? The government of India has notified the rates and norms for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. About RoDTEP Scheme: Launched by: Ministry of Commerce & Industry  Which scheme is it replacing? The RoDTEP scheme is replacing the earlier Merchandise and… Continue reading Govt notifies RoDTEP rates, guidelines

Fiscal action by the Centre must take over from monetary policy

Source: Livemint Relevance: Importance of fiscal policy measures to promote economic growth Synopsis: Monetary policy has done its part, both through rate cuts and other forms of support, to get our economy going. Now, it’s the turn of India’s fiscal authority to step up efforts to promote growth. What is fiscal policy? Fiscal policy is the… Continue reading Fiscal action by the Centre must take over from monetary policy

Cabinet approves“Remission of Duties and Taxes on Exported Products (RoDTEP)” Scheme

News:Union Cabinet has given its approval for introducing the Scheme for Remission of Duties and Taxes on Exported Products(RoDTEP). Facts: About the Scheme: Aim:To reimburse taxes and duties paid by exporters such as value added tax, coal cess, transportation cost among others which are not getting exempted or refunded under any other existing mechanism.  It… Continue reading Cabinet approves“Remission of Duties and Taxes on Exported Products (RoDTEP)” Scheme