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Policy▲ Bullish for Indian equities
Govt may hike outlay under two key tax refund schemes for exporters to ₹2 trillion over five years
The brief
- India plans nearly ₹2 trillion in exporter tax refunds over five years
- The refunds will be channelled through RoDTEP and RoSCTL programmes
- Higher refunds may support export-focused sectors, including textiles and engineering
RoDTEP and RoSCTL export tax refunds
The government planned to extend the RoDTEP scheme before its September 30 deadline. It is considering nearly ₹2 trillion in exporter tax refunds over five years through RoDTEP and RoSCTL.
Wednesday, 30 September
- Govt may hike outlay under two key tax refund schemes for exporters to ₹2 trillion over five years