Amendments under Interest Equalization Scheme – Trade Notice

Amendments under Interest Equalization Scheme – Trade Notice

Amendments under Interest Equalization Scheme – Trade Notice No. 40/2023-2024

Attention of Trade and Industry is drawn towards the extension of Interest Equalization Scheme (IES) upto 30.06.2024, as notified by RBI vide its Circular No. DOR.STR.REC. 78/04.02.001/2023-24 dated 22.02.2024.

In this regard, it may be noted that a cap of Rs. 2.50 Cr per IEC is imposed till 30.06.2024 for the quarter starting from 01.04.2024.

This issues with the Competent Authority.

Go to DGFT

Read More Updates on DGFT

Post Views: 532

CA Cult

SEBI – Companies paid royalty exceeding 20% of net profits

SEBI – Companies paid royalty exceeding 20% of net profits

Harmonisation of Schedule-II (Export Policy), ITC(HS) 2022

Harmonisation of Schedule-II (Export Policy), ITC(HS) 2022

Fixation of new SIONs under ‘Chemical and Allied Product’

Fixation of new SIONs under ‘Chemical and Allied Product’

Advisory on IMS on the Supplier View

Advisory on IMS on the Supplier View

Advisory regarding IMS during initial phase of its implementation

Advisory regarding IMS during initial phase of its implementation

Trading supported by Blocked Amount in the Secondary Market

Trading supported by Blocked Amount in the Secondary Market