Business Terminology

Managing global trade complexities with Incoterms

Incoterms, short for International Commercial Terms, are a standardized set of international trade rules established by the International Chamber of Commerce (ICC). These terms define the responsibili...

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DEH Initiative: Districts at the forefront of exports

Transform India's districts into export hubs, maximizing each region's potential to elevate national exports....

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The vital role of certificates of origin in global commerce

CoO serves as a crucial document in international trade, providing information of the country in which a commodity or good was manufactured....

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Decoding the impact of the 28% tax on online gaming firms

GST Council has made the decision that online gaming, horse racing, and casinos will be subject to a tax rate of 28%....

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Amnesty Scheme: Delivering exporters from choppy waters

The Amnesty Scheme under FTP 2023 allows all pending cases of default to be regularized by paying all customs duties that were exempted in proportion to unfulfilled Export Obligation. No interest is p...

trade
Trade Infrastructure for Export Scheme

Trade Infrastructure for Export Scheme (TIES) is a scheme launched by the Government of India in 2017 with the aim of creating and upgrading infrastructure facilities for boosting exports. ...

competition law
Competition Amendment Bill: Tightening noose on monopolistic practices

The Lok Sabha has passed Competition Amendment (2022) Bill on Wednesday, with latest passed amendments to the competition law for stricter compliance....

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Tamil Nadu logistics policy offers incentives to businesses

The Tamil Nadu government has announced a new policy that focusses on advancing the infrastructure and logistics sector in the state. The policy will facilitate mega projects in logistics sector – e...

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PMMY: A success story in itself

Pradhan Mantri Mudra Yojana (PMMY), the Flagship Programme of the Prime Minister launched in 2015 aims to offer loans up to 10 lakh rupees to non-corporate and non-farm small and micro enterprises. Th...

PLI for solar PVs: A new dawn for a sunrise sector?

On 21st September 2022, the Cabinet, chaired by Prime Minister Narendra Modi, approved an INR 19,500 crore PLI scheme  on ‘National programme on High Efficiency Solar PV Modules’ to build an ecos...

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