New foreign trade policy likely next month; focus on e-commerce exports, hubs

The commerce department is working on the policy that may detail ways to reduce the compliance burden on small exporters and fund MSMEs to increase exports. It may also seek to make proper categorisation of products which are at present clubbed as "others", as this system leads to misclassification and tax evasion, thereby adding to the growing trade deficit.

from Economy-News-Economic Times https://ift.tt/Tcvm1Gw
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