Commerce and Industry Minister Nirmala Sitharaman on Friday announced a number of measures that include establishing agencies in all coastal states for aquaculture and fisheries and incentives for exporting marine items, under the Merchandise Exports from India Scheme (MEIS).
Nirmala Sitharaman, the Minister for Commerce and Industry said today while addressing the Karnataka BJP Women's Executive Meeting, that her Ministry has recommended to the Ministry of Finance to raise tax holiday for start-ups from 3 years to 7.
Despite the ongoing tensions between India and Pakistan, the Indian government is yet to decide on revoking the most favoured nation (MFN) status given to Pakistan, Commerce and Industry Minister Nirmala Sitharaman informed the Parliament on Monday.
Minister of Commerce and Industry, Nirmala Sitharaman on Friday said that the demands of the US tech-giant Apple regarding tax sops in order to establish a manufacturing facility in India will be looked into only after the roll out of the GST (Goods and Services Tax).