Nirmala Sitharaman announces new measures to boost India exports: Watch highlights | Economic Times

Описание: Finance Minister Nirmala Sitharaman Saturday introduced RoDTEP - Remission Of Duties for Export Products - to replace the existing Merchandise Export From India (MEIS). Revenue foregone as a result of RoDTEP implementation would be Rs 50,000 crore, she said. Sitharaman also announced interest equalisation for MSMEs to 5 per cent from 3 per cent. She said for small procedural defaults, small tax payers would not be prosecuted. The minister added that all communications with assesses will be through technology or complete faceless dealings. Listen-in. (Text: IANS)

► Subscribe to The Economic Times for latest video updates. It's free! - http://www.youtube.com/TheEconomicTim...

► More Videos @ ETTV - http://economictimes.indiatimes.com/TV

► http://EconomicTimes.com

► For business news on the go, download ET app:
https://etapp.onelink.me/tOvY/Economi...

Follow ET on:

► Facebook -   / economictimes  
► Twitter -   / economictimes  
► LinkedIn -   / economictimes  
► Instagram -   / the_economic_times  
► Flipboard - https://flipboard.com/@economictimes