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RoDTEP ( Remission of Duties and Taxes on Export Products ) RoDTEP, or Remission of Duties and Taxes on Export Products, is an acronym. It went into effect on January 1, 2021, replacing the previous MEIS (Merchandise Exports from India Scheme). Getting refunds for embedded taxes and levies that were previously non-recoverable is the main goal of RoDTEP for exporters.…
The concept of the Pink Tax has gained significant attention in recent years, shedding light on the pricing disparities based on gender. This phenomenon refers to the extra amount women often pay for everyday products and services compared to men, perpetuating gender stereotypes and contributing to economic inequality. In this article, we will delve into the understanding of the Pink…
The journey of Dilkhush Kumar and Siddharth Shankar Jha, the founders of RodBez, is one of remarkable determination, innovation, and resilience. Born and raised in Bihar, Dilkhush Kumar’s early struggles, including his responsibilities due to his rural background and marriage at a young age, did not deter his dreams of creating something impactful. His entrepreneurial spirit led him through various…
In the field of pharmaceuticals and healthcare, making sure that medications are accessible and affordable is crucial for the general public’s health. By controlling the cost of necessary pharmaceuticals in India, the National Pharmaceutical Pricing Authority (NPPA) significantly contributes to the achievement of this goal. Let’s explore the NPPA’s nuances and learn about its roles, importance, and effects on the…
Any discussions regarding Virat Kohli’s selection for the ICC T20 World Cup 2024 would be speculative. Virat Kohli, a formidable force in international cricket, has had an illustrious career and remains an integral part of the Indian cricket team across formats. However, in the world of sports, particularly cricket, selection is contingent on form, fitness, and team dynamics closer to…
The idea of the global value chain (GVC) is crucial in forming economies, industries, and companies in the connected world of today. Comprehending this complex web of production, distribution, and consumption is essential for businesses hoping to prosper in the global economy. Let’s investigate the elements, significance, and ramifications of the global value chain as we go deeper into its…
The cricketing world is abuzz with anticipation as the Indian Premier League (IPL) 2024 approaches. Fans eagerly await the clash of titans, the thrill of sixes, and the drama that unfolds on the pitch. However, this season brings both excitement and concern, as key players face injury setbacks. Let’s delve into the details: 1. Mohammed Shami: The Heel Injury Shami, a key…
Byju’s, the troubled edtech firm, has taken a significant step in its cost-cutting efforts. It has relinquished all its office spaces across India, except for its headquarters located at Bengaluru’s Knowledge Park. This move comes as the company grapples with an imminent liquidity crisis and ongoing disputes related to fund usage. Here are the key points: Office Space Reduction: Byju’s…
International tax cooperation is becoming increasingly necessary in today’s globalised economy, when enterprises operate across borders and transactions cross national boundaries. International cooperation frameworks have been established by nations to tackle the problems caused by tax evasion, avoidance, and other illicit financial activities. The Convention on International Tax Cooperation stands at the forefront of this endeavour. What is the International…
PM Modi laid the foundations for three semiconductor projects worth a combined Rs 1.25 lakh crores. 1. Tata Semicon Fab – Dholera, Gujarat. 2. Tata OSAT – Morigaon, Assam. 3. CG Power OSAT – Sanand, Gujarat. India’s trajectory in semiconductor manufacturing is gaining momentum, bolstered by strategic initiatives aimed at positioning the nation as a prominent player in the global…