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    August 23, 2026
    Woman passenger from Sharjah held with undeclared gold chain at Ahmedabad airport
    August 23, 2026
    Delhi: Retired railway employee put under 'digital arrest', duped of Rs 30 lakh; one held
    August 23, 2026
    CPI(M) accuses ED of ‘politically targeting’ Pinarayi Vijayan in CMRL case
    August 23, 2026
    ED arrests ex-Andhra minister K Nageswara Rao in liquor transport 'scam'
    August 23, 2026
    Orris Infrastructure MD Amit Gupta arrested in cheating case
    August 23, 2026
    In a knot: Surat weaving units take voluntary two-day holiday as yarn prices shoot up
    August 22, 2026
    Canada will impose retaliatory tariffs on US goods beginning Sept 8 as trade negotiations collapse
    August 22, 2026
    Trade war between Canada, US deepens rupture in what had been close and durable alliance
    August 22, 2026
    Canada will impose retaliatory tariffs on US good beginning Sept 8
    August 22, 2026
    J-K parties oppose hike in power tarrif
    August 22, 2026
    IAS officer Gangwar not ‘missing’, away in UP over father’s health: Karnataka minister
    August 22, 2026
    J-K Dy CM terms ED case against his brother 'selective targeting'
    August 22, 2026
    T'gana HC CJ calls for timely, expert dispute resolution in telecom, broadcasting, airport sectors
    August 22, 2026
    Latur CA booked for issuing certificates to facilitate remittance of hundreds of crores abroad
    August 22, 2026
    Stock Market for Beginners: How to Start Investing Without Feeling Overwhelmed
    August 22, 2026
    CGST Zone detects clandestine pan masala, tobacco unit, detects tax evasion of Rs 160 cr
    August 22, 2026
    Korea Industry Expo (KoINDEX) 2026 Opens at Yashobhoomi on 27 August
    August 22, 2026
    Protection in predicate offence doesn't automatically extend to PMLA case: Delhi HC
    August 22, 2026
    DFS Concludes Two-Day Workshop on Enhancing Accessibility of Financial Services for Divyangjans
    August 22, 2026
    National Financial Reporting Authority (NFRA) conducts sixth outreach programmes with focus on small and medium auditors under the theme “Creating a...
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    August 23, 2026
    Woman passenger from Sharjah held with undeclared gold chain at Ahmedabad airport
    Show AI Summary
    Undeclared gold importation led to customs interception, seizure, arrest and continuing investigation after concealment inside passenger clothing.
    Customs enforcement against undeclared gold importation involved interception of a passenger arriving from Sharjah at Ahmedabad airport following passenger profiling. A gold chain concealed inside clothing was recovered after it was not declared for customs purposes. The chain was seized and the passenger was arrested under the Customs Act, 1962, before being released on bail, with further investigation continuing.
    August 23, 2026
    Delhi: Retired railway employee put under 'digital arrest', duped of Rs 30 lakh; one held
    Show AI Summary
    Digital arrest cyber fraud used impersonation, forged notices and coercive video calls to obtain transfers through mule accounts.
    Digital arrest cyber fraud allegedly used impersonation of law-enforcement and central banking officials, fabricated notices, threats of arrest and continuous video communications to coerce a retired railway employee into disclosing financial details and transferring funds for purported verification. The alleged proceeds were routed through mule and shell accounts. Banking records, KYC details, digital evidence and transaction trails allegedly connected a recipient account with suspicious transactions and multiple cyber-fraud cases; part of the cheated amount was recovered or refunded.
    August 23, 2026
    CPI(M) accuses ED of ‘politically targeting’ Pinarayi Vijayan in CMRL case
    Show AI Summary
    Political targeting allegations challenge money-laundering enforcement actions, searches, questioning, and public disclosures in the CMRL investigation.
    CPI(M) alleges that enforcement action under the Prevention of Money Laundering Act in the CMRL matter is politically motivated targeting of Pinarayi Vijayan, family members and party associates. It contends that searches, questioning and public communications during the investigation were used to create suspicion without incriminating evidence, and characterises references to hawala as a new investigative narrative. The party also alleges selective anti-money-laundering enforcement against opposition leaders and states that the company will address the CMRL-related matter.
    August 23, 2026
    ED arrests ex-Andhra minister K Nageswara Rao in liquor transport 'scam'
    Show AI Summary
    Money-laundering investigation into alleged liquor transport irregularities results in arrests connected with claimed loss to the government exchequer.
    Money-laundering proceedings concerning alleged financial irregularities in liquor transport led to the arrest of former Andhra Pradesh minister Karumuri Nageswara Rao under the Prevention of Money Laundering Act. The inquiry concerns alleged wrongful loss to the government exchequer arising from liquor-transport operations. Investigative measures included raids and the arrest of Rao's son, along with arrests of a former state beverages corporation managing director and the person described as the principal accused.
    August 23, 2026
    Orris Infrastructure MD Amit Gupta arrested in cheating case
    Show AI Summary
    Alleged LLP record forgery raises cheating, breach of trust and conspiracy concerns over unauthorised partnership interest changes.
    Alleged forgery, cheating, criminal breach of trust and conspiracy concern purported unauthorised changes to LLP statutory records filed with the Registrar of Companies. The allegations include use of false documents to remove a nominated partner, substitute another person as partner and transfer a partner's interest in the LLP. The matter also draws attention to separate land-collaboration allegations and delayed possession claims by homebuyers in a halted housing project.
    August 23, 2026
    In a knot: Surat weaving units take voluntary two-day holiday as yarn prices shoot up
    Show AI Summary
    Voluntary production curtailment addresses polyester yarn cost volatility as weaving units seek customs-duty relief on inputs.
    Voluntary production curtailment by weaving units is being adopted in response to increased polyester yarn and related input costs. Units may reduce shifts or observe periodic holidays according to individual commercial feasibility to limit yarn consumption until prices and fabric-market conditions stabilise. Industry representatives allege that yarn-price increases exceed corresponding input-cost movements and seek examination of possible artificial pricing, along with customs-duty relief on yarn and relevant inputs.
    August 22, 2026
    Canada will impose retaliatory tariffs on US goods beginning Sept 8 as trade negotiations collapse
    Show AI Summary
    Retaliatory tariffs escalate trade restrictions as historic tariff authority enables duties without prior investigation or a prescribed duration.
    Retaliatory tariffs are set to escalate bilateral trade restrictions after the United States imposed tariffs of up to 50 per cent on specified Canadian imports. Canada proposes dollar-for-dollar countermeasures covering sectors including steel, dairy, appliances, agricultural equipment, pulp and paper and electronics. Section 338 of the Tariff Act of 1930 is invoked as the legal basis for the United States measures, permitting presidential import duties up to 50 per cent without a prior investigation or prescribed maximum duration. Escalation creates uncertainty for supply chains and renewal of the United States-Mexico-Canada Agreement.
    August 22, 2026
    Trade war between Canada, US deepens rupture in what had been close and durable alliance
    Show AI Summary
    Reciprocal tariffs reshape Canada-United States trade relations, increasing supply-chain risks and accelerating Canadian trade diversification beyond its primary export market.
    Canada-United States trade relations are described as entering a confrontational phase after tariff negotiations collapsed. The United States imposed tariffs on specified Canadian goods, while Canada committed to reciprocal import taxes and suspended negotiations. The dispute marks a retreat from preferential market access and continental integration. Canada's export dependence on the United States may limit retaliation and increase risks to output, employment, investment and integrated supply chains. Trade diversification, non-United States investment and expanded Pacific export infrastructure are identified as responses to a potentially enduring protectionist bilateral relationship.
    August 22, 2026
    Canada will impose retaliatory tariffs on US good beginning Sept 8
    Show AI Summary
    Retaliatory tariffs on United States goods will target key sectors after trade negotiations failed and reciprocal tariff relief was unavailable.
    Retaliatory tariffs on United States goods will take effect from 8 September in response to United States tariffs on Canadian products and unsuccessful negotiations. The dollar-for-dollar measures will cover steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics, with product-specific details to follow. Canada had been willing to remove certain retaliatory tariffs if corresponding United States tariffs were substantially reduced, but considered the final demands unacceptable.
    August 22, 2026
    J-K parties oppose hike in power tarrif
    Show AI Summary
    Power tariff revision faces political opposition over increased consumer electricity costs and conflict with prior free-electricity commitments.
    Power tariff regulation in Jammu and Kashmir and Ladakh has been revised through approval of an average tariff increase, effective from 1 September 2026. Political representatives have opposed the increase on the ground that it adds to consumer hardship amid unemployment, inflation, and sectoral difficulties. The criticism also contrasts the revised tariff with prior commitments concerning free domestic electricity and gas.
    August 22, 2026
    IAS officer Gangwar not ‘missing’, away in UP over father’s health: Karnataka minister
    Show AI Summary
    Recruitment examination integrity prompted enforcement scrutiny and proposed disciplinary inquiry, while an officer's absence was attributed to family emergency.
    Reported absence of an IAS officer was attributed to a family medical emergency and a pending leave request, rather than enforcement searches concerning an alleged recruitment-examination scam. The officer denied any connection with those searches and expressed willingness to face an inquiry. Enforcement searches at the Karnataka Public Service Commission concerned a money-laundering investigation into alleged recruitment irregularities. The State Cabinet decided to advise suspension of the commission chairperson and initiation of an inquiry after an earlier suspension was set aside for lacking the Cabinet's aid and advice.
    August 22, 2026
    J-K Dy CM terms ED case against his brother 'selective targeting'
    Show AI Summary
    Money-laundering and benami asset allegations prompt enforcement proceedings, while the accused officer's brother calls the action selective targeting.
    Enforcement proceedings under the Prevention of Money Laundering Act concern allegations that suspended police officer Vijay Choudhary managed numerous assets through benami transactions and engaged in money laundering. An Anti-Corruption Bureau FIR had already been registered in relation to the allegations. Surinder Choudhary characterised the action as selective targeting but maintained that investigating agencies and the judiciary should address and decide matters concerning his family.
    August 22, 2026
    T'gana HC CJ calls for timely, expert dispute resolution in telecom, broadcasting, airport sectors
    Show AI Summary
    Specialised dispute resolution requires technical expertise, timely proceedings, mediation support, and human oversight to safeguard natural justice.
    Specialised, timely and effective dispute-resolution mechanisms are necessary for technically complex disputes in telecom, broadcasting, airport tariffs and cyber sectors. Technology may assist legal reasoning but cannot replace judicial reasoning, requiring verification, professional responsibility and meaningful human oversight. Effective specialised adjudication should combine domain expertise with judicial discipline, respond to technical complexity, and protect natural justice, transparency and reasoned decision-making. Mediation and other consensual mechanisms can support dispute resolution.
    August 22, 2026
    Latur CA booked for issuing certificates to facilitate remittance of hundreds of crores abroad
    Show AI Summary
    Form 15CB certification faces scrutiny where inadequate verification allegedly enables foreign remittances through shell companies and false certificates.
    Alleged misuse of Form 15CB certification has resulted in criminal proceedings concerning certificates issued for foreign remittances without verification of underlying documents. Form 15CB requires certification of applicable taxability and tax-deduction particulars for specified remittances to non-residents before processing by an authorised dealer. The allegations concern certificates that potentially enabled cross-border transfers through shell or non-existent companies, involving cheating, false certification, false evidence and common intention.
    August 22, 2026
    Stock Market for Beginners: How to Start Investing Without Feeling Overwhelmed
    Show AI Summary
    Beginner stock market investing requires regulated accounts, risk-aware financial planning, diversification and informed company assessment before purchasing securities.
    Beginner stock market investing requires a bank account, a trading or broking account with a SEBI-registered broker, and a Demat account for electronic holding of securities. Investments involve risk of loss and should align with financial goals, time horizon and loss-bearing capacity. Investors should understand primary and secondary markets, distinguish long-term investing from short-term trading, assess companies before purchase, diversify holdings, consider charges, maintain records and avoid borrowed-money investing, rumours and momentum-driven decisions.
    August 22, 2026
    CGST Zone detects clandestine pan masala, tobacco unit, detects tax evasion of Rs 160 cr
    Show AI Summary
    Capacity-based tobacco taxation targets undeclared packing machinery used for clandestine production and clearance without indirect tax payment.
    Clandestine manufacture and clearance of pan masala, scented jarda and tobacco products without registration or payment of GST, HSNS Cess and central excise duty was detected through an intelligence-led search. Undeclared Form-Fill-Seal packing machines, workers, finished goods, raw materials, transport vehicles, packing materials and records indicated unaccounted production and clearance. Capacity-based monthly HSNS Cess for pan masala is computed according to the number, type and capacity of installed packing machines, while a corresponding capacity-based central excise levy applies to chewing tobacco, jarda and gutkha.
    August 22, 2026
    Korea Industry Expo (KoINDEX) 2026 Opens at Yashobhoomi on 27 August
    Show AI Summary
    Trade exhibition connects Korean exporters with Indian buyers through sector-specific consultations and certification guidance for market entry.
    KoINDEX 2026 is a business-to-business trade exhibition bringing Korean manufacturers and exporters together with buyers in India and South Asia. It focuses on beauty and personal-care products, processed and functional foods, and construction, building and safety products. Commercial engagement includes pre-matched export consultations with project owners, contractors, distributors, wholesalers, e-commerce platforms and food distribution businesses. A seminar addresses Bureau of Indian Standards certification and market-entry requirements for Korean products entering the Indian market.
    August 22, 2026
    Protection in predicate offence doesn't automatically extend to PMLA case: Delhi HC
    Show AI Summary
    Independent PMLA proceedings require separate anticipatory bail assessment; predicate-offence protection alone cannot establish pre-arrest protection.
    Protection in a predicate-offence FIR does not automatically extend to independent PMLA proceedings. Anticipatory bail in a money-laundering investigation must be assessed under the applicable PMLA condition and on the material connecting the applicant to alleged proceeds of crime. Relevant considerations include the financial trail, recorded statements, bank-account analysis, compliance with summonses, cooperation with inquiry, and the need for personal participation in evidence collection and confrontation with documentary and digital material.
    August 22, 2026
    DFS Concludes Two-Day Workshop on Enhancing Accessibility of Financial Services for Divyangjans
    Show AI Summary
    Financial accessibility for Divyangjans requires compliance standards, practical implementation measures and stronger institutional capacity across financial services.
    Accessibility of financial services for Divyangjans was examined through a workshop focused on public sector banks, insurance companies, regulators and public financial institutions. Discussions covered accessibility standards, compliance requirements, legal provisions, practical implementation challenges and institutional best practices under the Sugamya Bharat initiative. Participants considered operational measures to strengthen institutional capacity, inclusivity and equitable access to financial services.
    August 22, 2026
    National Financial Reporting Authority (NFRA) conducts sixth outreach programmes with focus on small and medium auditors under the theme “Creating a Better Financial Reporting Ecosystem” in Ahmedabad
    Show AI Summary
    Audit quality enhancement for small and medium auditors emphasises technology, global standards, inspection insights and stronger financial reporting.
    Audit quality and financial reporting reliability were the focus of NFRA's outreach programme for small and medium audit firms. The programme promoted professional capacity-building, alignment with contemporary global standards, adoption of appropriate audit technology, and the public-interest role of the accountancy profession. Technical sessions covered audit strategy documentation, risks of material misstatement, and practical lessons from audit-firm oversight to support improved day-to-day audit practice and high-quality financial reporting.

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      Home› news › Customs, DGFT & SEZ › 2022 › December, 2022 › This
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      Customs, DGFT & SEZ

      Measures taken by Government to boost exports

      December 16, 2022

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      The Government has taken the following measures to boost exports and reduce trade deficit:

      1. Foreign Trade Policy (2015-20) extended upto 31-03-2023.
      2. Interest Equalization Scheme on pre and post shipment rupee export credit has also been extended upto 31-03-2024.
      3. Assistance provided through several schemes to promote exports, namely, Trade Infrastructure for Export Scheme (TIES) and Market Access Initiatives (MAI) Scheme. 
      4. Rebate of State and Central Levies and Taxes (RoSCTL) Scheme to promote  labour oriented textile export has been implemented since 07.03.2019.
      5. Remission of Duties and Taxes on Exported Products (RoDTEP) scheme has been implemented since 01.01.2021.
      6. Common Digital Platform for Certificate of Origin has been launched to facilitate trade and increase Free Trade Agreement (FTA) utilization by exporters.
      7. 12 Champion Services Sectors have been identified for promoting and diversifying services exports by pursuing specific action plans.
      8. Districts as Export Hubs has been launched by identifying products with export potential in each district, addressing bottlenecks for exporting these products and supporting local exporters/manufacturers to generate employment in the district.
      9. Active role of Indian missions abroad towards promoting India’s trade, tourism, technology and investment goals has been enhanced.
      10. Package announced in light of the COVID pandemic to support domestic industry through various banking and financial sector relief measures, especially for MSMEs, which constitute a major share in exports.

      This information has been provided by Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel said in reply to a parliamentary question today.

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