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India eyes $900 billion exports by 2020; sops for exporters

 Aiming to nearly double India's exports of goods and services to $900 billion by 2020, the government on Wednesday announced several incentives in the five-year Foreign Trade Policy for exporters......

Incentives to IT, other services export withdrawn

 In a move that will adversely impact the country's services sector, the government has withdrawn incentives to exporters of IT and ITeS, telecommunication and airlines services.The list of services......

Telcos will need to refund sops on forex earnings

 In a set back to telecom players, the government said on Thursday the operators were not entitled for duty benefits on foreign exchange earnings from services like overseas calls and Internet. The......

No sops on earnings from incoming ISD calls

Telecom firms earning foreign exchange on incoming overseas calls, Internet services and rentals from cable networks are not entitled to duty sops under an export promotion scheme, says the......

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