DEPB scheme: Exporters to gain

The new Duty Entitlement Passbook Scheme to replace the popular duty neutralisation benefit scheme, will reimburse indirect taxes to exporters, including duties paid on electricity, sales tax,......

DEPB scheme to stay

In a significant concession to exporters, the government has decided to retain the Duty Entitlement Passbook scheme, a popular duty neutralisation instrument, till a new scheme is formulated. There......

Export schemes cost govt Rs 39,704 crore

The government lost Rs 39,704 crore (Rs 397.04 billion) in 2003-04 on account of the various export promotion schemes. This means that for every Rs 7.35 earned from exports, the government had to......

Sharma to make case for DEPB extension

Commerce and Industry Minister Anand Sharma will be meeting Finance Minister Pranab Mukherjee to make a case for the extension of one of the most popular incentives to exporters, the Duty......