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DGFT should clear confusion regarding realisation of forex
The Director General of Foreign Trade (DGFT) has notified the procedures for claiming the duty credits under the Status Holder Incentive Scheme (SHIS). He has also issued a Policy Circular clarifying listing of supporting manufacturers in the duty credit scrips. He needs to clarify an important confusion regarding realisation of foreign exchange. Under the SHIS announced last year, status holders
The Director General of Foreign Trade (DGFT) has notified the procedures for claiming the duty credits under the Status Holder Incentive Scheme (SHIS). He has also issued a Policy Circular clarifying listing of supporting manufacturers in the duty credit scrips. He needs to clarify an important confusion regarding realisation of foreign exchange. Under the SHIS announced last year, status holders
Industry chugging along
Recent industrial production numbers confirm that industrial growth is on track. The year-on-year growth rate of 15.1 per cent for February 2010 was a tad lower than expected, but strong enough to
IIP: Healthy numbers
The figures consolidate expectations of some strict monetary policy actions, but markets unlikely to get impacted.
The figures consolidate expectations of some strict monetary policy actions, but markets unlikely to get impacted.
Manufacturing leads industrial output growth to 16.7%
Index of Industrial Production (IIP) data showed a marginal deceleration from the previous month but continued to post a robust growth rate of 16.7 per cent in January. The growth was primarily
'Large units can avail of credit for duty paid on capital goods'
I refer to notification no. 6/2010-CE(NT) dated 27 February, 2010 allowing full credit of duty paid on capital goods in the first year, if the aggregate value of clearances in the previous year did
I refer to notification no. 6/2010-CE(NT) dated 27 February, 2010 allowing full credit of duty paid on capital goods in the first year, if the aggregate value of clearances in the previous year did
Factory Orders drop 42% in q3
Manufacturing sector suffers from project delays, lack of fresh capital.
Manufacturing sector suffers from project delays, lack of fresh capital.
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