Union Commerce Minister Piyush Goyal Thursday said that the amount is being release under various export promotion schemes and would be disbursed to more than 45,000 exporters.
Cairn, which last year won an arbitration award for $1.7 bn over a controversial retrospective tax demand, has called Air India 'an alter ego' of the Indian govt.
A nation’s merchant navy is a strategic asset, second in importance only to its ‘fighting navy’. It needs to be protected from high taxes and discriminatory norms.
Finance ministry joint secretary Rasmi R Das will be serving in the UN committee that guides countries towards forward-looking tax policies adapted to globalised trade.
From Japan in the 1960s to China in the 2000s, many countries transformed their economies by using competitive exchange rates as part of their industrial strategies.
China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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