Tag: Export

Indian IT exports to grow 7-8 pc in 2017-18: Nasscom

The Indian IT industry's software exports will grow 7-8 per cent and the domestic market 10-11 per cent in the current fiscal 2017-18, said its apex body Nasscom on Thursday. "The outlook for the IT industry in fiscal 2017-18 (FY 2018) is 7-8 per cent growth in software exports and 10-11 per cent in the...

June 22, 2017

GST: Traders need to declare only GSTIN for export, import

After the implementation of the Goods and Services Tax, traders would have to declare only their GST Identification Number at the time of import or export, the commerce ministry said on 12 June. Currently, all exporters and importers declare their IEC (import-export code). With the implementation of the GST, it said GSTIN would be used...

June 13, 2017

Sitharaman urges states to synergise export promotion efforts

The central and the state governments need to synergise their efforts in a bid to boost Indian exports on a sustainable basis, Commerce Minister Nirmala Sitharaman said on Thursday. "Though, since last January we have managed to contain our trade deficit due to controls on imports, there is an immediate need to synergise our efforts...

January 5, 2017

Traditional Indian export markets saturated: Sitharaman

Nirmala Sitharaman on Thursday said the traditional export markets of US, Britain and European Union have become saturated and the trade in merchandise goods need a lot of handholding.

November 10, 2016