Union Finance Minister Nirmala Sitharaman presented the 2024-25 Budget on February 1 ahead of the upcoming general elections. The Interim Budget has prioritized initiatives for youth and women empowerment, maintaining fiscal consolidation and sustaining capital expenditure. Additionally, the Finance Minister announced an 11.1% increase in the capital expenditure outlay for...
The Amnesty Scheme under FTP 2023 allows all pending cases of default to be regularized by paying all customs duties that were exempted in proportion to unfulfilled Export Obligation. No interest is payable on the portion of Additional Customs Duty and Special Additional Customs Duty, providing relief to exporters burdened...
The onset of COVID-19 has exposed the perils of an overdependence on Chinese manufacturing to nations and corporations across borders. This is being viewed as an invaluable opportunity for other nations to emerge as alternate manufacturing destinations. India Business & Trade takes a look at the current dynamics of global...
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