Exporters' community is hopeful that outbound shipments would start recording healthy growth rates from April 2021, helped by growth in demand in developed as well as developing countries

The bilateral trade pact CEPA, put in place in 2010, has spurred the trade and investments between the two countries but Korea has had clear edge

It has also been suggested to review MEIS and coverage so that the benefit outgo remains within the allocation of Rs 9,000 crore in this period

India's exports dipped by a record 24.57 per cent in March. It contracted by 4.78 per cent to USD 314,31 billion in 2019-20

Benefit under all export promotion schemes, except SEIS and other schemes, will continue to be available for another 12 months; decision on continuation of SEIS will be taken and notified subsequently

All export promotion schemes, except SEIS, and other schemes to continue for another year; decision on SEIS to be taken on a later date

Sixteen out of the 30 major product groups including petroleum, engineering goods, organic and inorganic chemicals, drugs and pharmaceuticals, electronic goods, handicrafts and marine products were in positive territory in February

The government on Friday approved Remission of Duties and Taxes on Exported Products, a scheme for reimbursement of taxes and duties to exporters

India's trade deficit for the month also declined to $11.25 billion as against the deficit of $14.49 billion in December 2018

The export community has identified a host of external conditions that are also responsible for the decline in exports, including sluggish global demand and rising tariff war

Union Finance Minister Nirmala Sitharaman announced introduction of remission of duties for export products (RoDTEP) to replace the existing merchandise exports from India scheme (MEIS). Revenue foregone for implementation of RoDTEP would be Rs 50,000 crore

FM Nirmala Sitharaman press meet: The FM says that as part of affordable housing, the government will give additional deduction up to Rs 1.5 lakh for interest paid on loans borrowed up to March 31, 2020, for purchase of house valued up to Rs 45 lakh

According to the proposal, the new scheme would ensure refund of all un-rebated central and state levies and taxes imposed on inputs that are consumed in exports of all sectors

Currently, RoSL, which is to offset indirect taxes levied by states such as stamp duty, petroleum tax, electricity duty and mandi tax that were embedded in exports, is provided to textiles exporters.