Govt extends services export period under SEIS upto Mar 31, 2017
The Dollar Business Bureau The government has extended the period of services export for rewards under the Services Exports from India Scheme (SEIS) upto March 31, 2017. Currently, the services and rates of rewards were applicable only for services exports made between April 1, 2015 and March 31 2016. “The earlier notified period of services export rendered between 1-4-2015 to 31-03-2016, as per the list comprising rates and conditions for rewards under the SEIS notified vide Public Notice No.3/2015-20 dated April 1, 2015 as amended vide Public Notice no.42/2015-20 dated 26.10.2015, is extended upto 31.03.2017,” the Directorate General of Foreign Trade (DGFT) said in a notification on Friday. The list of services/rate is subject to review with effect from April 1, 2017, the notification ...
India-Korea ties to spur maritime trade, energy, film sectors
The Dollar Business Bureau India and South Korea are likely to join hands to boost sea transport, energy and film industries of the two countries. Prime Minister Narendra Modi who began his five-day tour to Asian countries on Thursday is scheduled to visit South Korea on May 18-19. Modi is expected to sign a memorandum of understanding (MoU) with the Republic of Korea for cooperation in the fields of maritime transport and logistics. The MoU is aimed at enhancing cooperation through sharing of technologies, information and experiences, training of seafarers and port operation, a government statement said. The new agreement will also facilitate partnerships between the maritime transport and logistics-related companies of the two countries, development and management of ...
