https://www.taxtmi.com/news?id=27047 Continuation of the Interest Equalisation Scheme until 30 June 2024 providing 2% interest equalisation to manufacturer and merchant exporters of 410 identified tariff lines and 3% to MSME manufacturer exporters; implemented by the RBI through public and private banks and jointly monitored with DGFT. The scheme is now fund-limited with an additional allocation to bridge funding, a per-IEC annual cap on benefit, and debarment of banks that lend at average rates above the permitted benchmark. en-us Sat, 09 Dec 2023 09:36:54 +0530 Sat, 09 Dec 2023 09:36:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27047 Continuation of the Interest Equalisation Scheme until 30 June 2024 providing 2% interest equalisation to manufacturer and merchant exporters of 410 identified tariff lines and 3% to MSME manufacturer exporters; implemented by the RBI through public and private banks and jointly monitored with DGFT. The scheme is now fund-limited with an additional allocation to bridge funding, a per-IEC annual cap on benefit, and debarment of banks that lend at average rates above the permitted benchmark. News - Sat, 09 Dec 2023 09:36:54 +0530 https://www.taxtmi.com/news?id=27047