Service Export News Today

Budget 2024: Tourism and healthcare industries happy; Hospitality, AI sectors express mixed feelings with the interim Union Budget 2024

The National Restaurant Association of India has urged the government to restore input tax credit to restaurants while increasing the GST rate to 12 percent from the current 5 percent. They have also called for an equitable and fair e-commerce policy and policy support for the sector in the upcoming Union Budget.

The Global Service Account will offer two current account variants: Global Service Account Ace and Global Service Account Elite.

In the last ten years, Costa Rica has witnessed a remarkable surge in the export of business services, recording a 163% increase from 2013 to 2022.

The SMARTAfCFTA Portal has the capacity to provide information like trade indicators, market trends, custom tariffs, trade agreements, rules of origin, market access requirements of relevant jurisdictions, export potentials, export diversification indicators and contact details of business partners in target markets and other trade-related information about Africa.

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The industry wants sops like Service Export from India Scheme, which has been discontinued in the new trade policy. The government says the services sector needs to be competitive in the global market without incentives or subsidies

Ahead of the presentation of the Union Budget for FY24 to be submitted on February 1 by Union Finance Minister Nirmala Sitharaman, several industry bodies and executives have expressed their wish list that ranges from pet friendly to the usual ...

In the Official Gazette dated June 28, 2022, and numbered 31880, the Istanbul Financial Center Law Numbered 7412 (the “Law”) was published by the…

The estimated value of services export for April-January 2021-22 is $209.83 billion, exhibiting a growth of 25.31 per cent.