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Services exports may reach $325 billion in FY23: SEPC

The country's services export is expected to reach $325 billion in 2022-23 on account of increasing demand for all kinds of services and gradual resumption of regular international travels, SEPC Chairman Sunil H Talati said. He said by the end of the ongoing fiscal year, services exports would reach about $250 billion. The estimated value of services export for April-January
Sunilh Talati Duty Remission On Export Of Services Scheme Services Export Promotion Council Services Export India Scheme Duty Remission

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Exports seek benefits under SEIS as pandemic crushes revival of key services

Exports seek benefits under SEIS as pandemic crushes revival of key services SECTIONS Share Synopsis The Services Export Promotion Council (SEPC) has also said that the recent surge in Covid-19 cases has depressed all the hopes of any revival of key sectors like travel and tourism, medical value tourism, education and aviation. Getty Images Services exporters have urged the government to issue the release of benefits under the Service Export from India Scheme for 2019-20 amid a 73% decline in e...
Piyush Goyal Duty Remission On Export Of Services Scheme Services Export Promotion Council Service Export India Scheme Foreign Trade Policy

MSME: New scheme for service exports with max sops for MSMEs proposed

Synopsis The scheme is touted as a replacement for the Service Export from India Scheme and is on the same lines as Remission of Duties and Taxes on Exported Products (RoDTEP) for goods exports. iStock Aimed at refunding taxes already paid back to services exporters, DRESS is proposed to include all service exports created in India and exported from the country in modes 1 and 2 of service delivery. NEW DELHI: Ahead of the new foreign trade policy, industy has proposed a new incentive scheme for...
Maneck Davar Duty Remission On Export Of Services Scheme Services Export Promotion Council Duty Remission Services Scheme Service Export

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