The government is unlikely to increase the allocation for key tax remission schemes for exporters in the 2024-25 budget, despite demands for more support. In the interim budget, ₹16,575 crore was earmarked for the RoDTEP scheme and ₹9,246 crore for the RoSCTL scheme. Exporters argue for adequate allocation to maintain zero-rated exports, a government policy, as merchandise exports rose 5.1% year-on-year in the first two months of this fiscal.
BofA buys shares worth Rs 6.4 crore in this smallcap stock via block deal
BofA bought 6.7 lakh shares in Exxaro Tiles Limited through a block deal at Rs 96.22 per share. Setu Securities Pvt Ltd also bought shares
September 24, 2024