New Delhi, April 2 (IANS) Industry body Assocham said on Thursday that India’s exports to the United States rose 3.8 per cent year‑on‑year in 2025‑26 (April‑February), and the share of exports to the US held steady at 19.7 per cent.The share of total merchandise exports to the US was 19.3 per cent a year earlier, the statement said, noting India’s trade performance remained resilient despite steep tariff challenges and escalating geopolitical conflicts.“We believe that India’s to…
Latest RoDTEP scheme News & Updates
New Delhi, April 2 (IANS) The government has decided to provide full customs duty exemption on critical petrochemical products till June 30, 2026, amid the ongoing conflict in West Asia and the consequent disruptions in global supply chains, Finance Ministry said on Thursday.The measure, said the ministry in a statement, has been taken as a temporary and targeted relief in order to ensure continued availability of critical petrochemical inputs for domestic industry, reduce cost pressures on down…
New Delhi, April 1 (IANS) The government on Wednesday announced the extension of the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme for exports of apparel, garments and made-ups until September 30, 2026, or until the scheme is approved under the 16th Finance Commission cycle, whichever comes earlier.The extension will continue under the existing guidelines without any changes, the Ministry of Textiles said.Launched on March 7, 2019, the RoSCTL scheme aims to refund embedded state a…
New Delhi, March 24 (IANS) India’s trade performance has remained robust and resilient, with exports recording a steady upward trajectory both in the current financial year and over the longer term (FY 2021–25) despite the global uncertainty, the Parliament was informed on Tuesday.Despite persistent supply chain disruptions due to geopolitical tensions and volatile commodity prices, India’s exports have continued to expand in a broad-based manner. During April–January of FY 2025–26, to…