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Global Trade Alert

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India: Interim budget for the year 2024-2025

Description

On 1 February 2024, the Indian Finance Minister as part of the 2024-2025 budget for the Ministry of Finance (Indirect Taxes) estimated a budget of INR 9'246 crore (USD 1.11 billion) for the Rebate on ...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Apr 2024

Revocation date

31 Mar 2025

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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