Eepc

Engineering exporters eyeing stimulus package in budget

In a representation submitted to Finance Ministry, engineering exporters' body EEPC India has suggested that exemption be provided under the Income Tax in respect of the profits derived by exporters on transfer of all types of incentive scrips such as those under Merchandise Exports under India Scheme (MEIS) and Service Exports under India Scheme.

Budget 2016: Engineering exporters' body wants certain tax exemptions for firms to go on

In pre-Budget meeting with Finance Minister Arun Jaitley, EEPC said if the deductions have to be phased out, then the corporate tax rate should be brought down to the MAT rate of 18 percent, or at least export income should be taxed at the MAT rate.

Corporate India uninspired by modest export growth of 3.5% in Dec

"Though exports rose 3.49 percent they seem to have lost momentum as they had been growing at a double-digit rate until October," Chairman of CII Export Committee Sanjay Budhia said.

Continued US shutdown would have disastrous: India Inc breathes sigh of relief

Expressing relief over the end of the shutdown in the US, India Inc today said if the crisis had continued, the consequent debt default would have been "disastrous" for Indian economy and exports

Engineering exports to US drop by 10% in April-November: EEPC

Engineering exports to few countries with which India has free trade agreements have shown a healthy growth during the April-November period of this fiscal.