_large.jpeg)
After clocking impressive record $95bn exports in Q1FY22 government is in buoyant mood of consolidating the run rate so as not to lose onto the sustainable gains.
Proactively commerce and industry minister Piyush Goyal recently exhorted Exporters community to set industry a target before them to achieve 400$ Bn. Echoing the same confidence new incumbent FIEO, President Dr A Sakthivel underlined the optimism that it's quite achievable.
Measure:
Easier SEZs rules
Fast tracking refund taxes & levies to Exporters
It is already work in progress as Commerce Secretary, B V R Subramanyam is already in continuous dialogue with industry to further rationalise & simplify procedures.
Also there's a near unanimity on the issue that export should not be burdened by local taxes. The guiding principle remains is we should be exporting goods and services, not taxes...and nobody does it.H'ble Union Minister Piyush Goyal maintains that the Indian economy is well on the path to recovery
Author’s Posts
-
Tamil Nadu Textile Sector Begins Strong Recovery
Tamil Nadu Textile Industry Shows Signs of Recovery
After ...May 22, 2025
-
Shahid Kapoor Joins Taapsee Pannu for Vogue Eyewear India
BRAND ANNOUNCEMENT | VOGUE EYEWEAR WELCOMES SHAHID KAPOOR, WHO JOINS TAAPSEE PANNU AS ITS BRAND AMBAS...
May 22, 2025
-
3rd Morocco International Yarn & Fabric Sourcing Show 2025
3rd Morocco International Yarn & Fabric Sourcing Show 2025
May 13, 2025
-
India’s Apparel Exports: Big Potential, Low Share
Despite having the world’s second-largest vertically integrated textile industry, India’s share...May 05, 2025
-
CITI: India must engage U.S. on tariffs
"Bridging the Information Gap in the Textile and Fashion Industry."
Latest News
