Economy

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

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 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)

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 Societies

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

2 years ago