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Niti Aayog to review export SOPs amid evolving global trade order

India's government plans to evaluate the effectiveness of two export support schemes amidst changing trade dynamics. These schemes, RoSCTL and RoDTEP, have been in place since 2019 and 2021, respectively. The upcoming analysis will consider various economic impacts, including productivity and investment levels. This evaluation is necessary due to global demand fluctuations and adjustments in…

Niti Aayog to review export SOPs amid evolving global trade order

We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

More in Finance & Markets

Missing Level 3 data added 180bps to a B2B card transaction

Reconciling a corporate card processing report for a B2B marketplace and noticed the effective rate on a chunk of transactions was way above what the acquirer contract promised.

  • Missing Level 3 data caused 180 basis points increase in effective rate
  • Transactions with full Level 3 data settled at 1.8%, others at 3.6%
  • Issue resolved by requiring tax amount, PO number, and line-item detail

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