Economy

What is Duty drawback scheme (DDS)?What is Duty drawback scheme (DDS)?

What is Duty drawback scheme (DDS)?

Recently the GST authorities found that exporters are misusing the government’s duty drawback scheme (DDS) by claiming it along with…

2 years ago
 Greenback Trading Greenback Trading

Greenback Trading

The rupee weakened sharply against the US dollar recently amid sparse trading volumes as some foreign banks purchased the greenback,…

2 years ago
Advance Authorisation SchemeAdvance Authorisation Scheme

Advance Authorisation Scheme

Recently, the directorate general of foreign trade (DGFT) simplifies the composition fee for export obligation extension under the advance authorisation…

2 years ago
Application Supported by Blocked Amount system (ASBA)Application Supported by Blocked Amount system (ASBA)

Application Supported by Blocked Amount system (ASBA)

Recently, the Securities and Exchange Board of India (Sebi) gave details of a proposed framework for shifting to a new…

2 years ago
Cabinet approves 3 new Multi-State Cooperative SocietiesCabinet approves 3 new Multi-State Cooperative Societies

Cabinet approves 3 new Multi-State Cooperative Societies

The Union Cabinet, recently approved the setting up of a National Level multistate cooperative export society under the Multi State…

2 years ago