Condonation of Delay denied: communication lapses and corporate restructuring found insufficient; prolonged inaction and lack of bona fides led to ref...
Export Support intervention INSIGHT launched to provide non financial capacity building, trade intelligence and pilot support with defined funding and...
The Export Promotion Mission launches a pilot intervention to strengthen MSME access to alternative trade finance by supporting export factoring (recourse and non-recourse) provided by entities regulated by relevant financial regulators; the scheme offers an interest subvention (notified at 2.75%) on the discount/interest cost element and disburses claims to IEC linked bank accounts. Eligibility requires active IEC and Udyam registration (not on DEL), factoring against a notified positive HS six digit tariff list, and compliance with online declaration, claim and reporting procedures. An annual ceiling of 50 Lakh per MSME applies; operational guidelines, governance and claim procedure issued for stakeholder feedback.
The Export Promotion Mission launches a pilot intervention to strengthen MSME access to alternative trade finance by supporting export factoring (recourse and non-recourse) provided by entities regulated by relevant financial regulators; the scheme offers an interest subvention (notified at 2.75%) on the discount/interest cost element and disburses claims to IEC linked bank accounts. Eligibility requires active IEC and Udyam registration (not on DEL), factoring against a notified positive HS six digit tariff list, and compliance with online declaration, claim and reporting procedures. An annual ceiling of 50 Lakh per MSME applies; operational guidelines, governance and claim procedure issued for stakeholder feedback.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4807 
Join Channel 
