Tuesday, May 7, 2013

RBI panel favours differential tax regime for exporters

......The Reserve Bank had constituted a Technical Committee on Services/Facilities for the Exporters under the Chairmanship of RBI Executive Director G Padmanabhan to suggests ways for improving financial support from alternative sources. Among others, the Committee has made recommendations relating to review of Gold Card Scheme for extension of export credit to exporters, appropriate inclusion of export finance under the priority sector lending and raising of foreign currency loans on pool basis for extension of export credit to exporters......

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