FinMin promotes private participation in Infrastructure projects
Finance Ministry’s initiative aims to enhance private partnership in infrastructure projects, boost investment, and streamline implementation.
Engineering Sector Wants Budget’23 Help To Be Competitive With China
India exported engineering goods of $111.63 billion in FY22, an increase of 45.51per cent year over year.
Post NLP Expectations From the Union Budget 2023-24
Some of the logistics industry veterans share their valuable insights into the developments in the sector and their expectations from the upcoming union budget for 2023–24.
Russia and Sri Lanka To Use Rupee for International Trade
Both Sri Lanka and Russia are in talks to use the rupee for their international trade soon after the government announced its intention to promote the Indian rupee trade settlement mechanism.
Logistics Revenues Will Soon Surpass Shipping Revenues: Maersk
A.P. Moller-Maersk is expecting its logistics revenue to overshadow its ocean business around the middle of this decade.
The Flip Side of the Coin: Effects of Eliminating the GST Exemption
After being renewed twice, the GST exemption on export freight expired on September 30, 2022. Exporters must now pay GST on export freight, however, they are eligible for a refund. CargoInsights seeks the industry’s opinions on the matter.
Regardless of Product, a Single GST Rate Must Be Applied: Debroy
Bibek Debroy, Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), stated that India should have a GST with a single rate and a taxation system with no exemptions.
