Exporters' body FIEO asked the government to create of an Export Development Fund for aggressive marketing particularly for MSMEs and VAT exemption for merchant exporters.
To start with, the employees associations will not celebrate international customs day on Friday.
Goldman Sachs expects tax revenue to grow by over 16 per cent in the financial year 2017-18 and support government finances.
According to the global financial services major, the government will have to tread very carefully between the need for stimulating demand in a weak economic environment after demonetisation and continuing on the path of fiscal consolidation.
The report noted that Finance Minister Arun Jaitley is expected to target a fiscal deficit of 3.5 per cent of GDP -- same as that of 2016-17 in his February 1 Budget.
Earlier, the government had given in-principle approval to strategic disinvestment of SAIL's Bhadrawati, Salem and Durgapur alloy steel plants.
Recently, the Central Board of Direct Taxes (CBDT) has also modified an existing Bilateral Advance Pricing Agreement with another Indian subsidiary of a Japanese company to include rollback provisions, an official statement said.
According to official figures, fiscal deficit touched Rs 4.58 lakh crore, or 85.8 per cent of the budget estimate for the whole financial year, at the end of April-November.
The Reserve Bank of India on Tuesday advised banks to supply at least 40 per cent of new currency notes in rural areas to overcome the impact of demonetisation. The circular by the central bank has been issued after reports of rural areas in the country facing cash shortage post-demonetistion. The government had on November 9, 2016 demonetised 86 per cent of the currency, leading to a cash crunch. Even as the four government-owned mints are working in three shifts to print new notes, there is a substantial shortage of new currency notes in the country, especially in rural areas.
The Finance Ministry granted approval to 12 proposals of PSBs to raise a sum of Rs 2,914.038 crore through preferential allotment and permission given to raise Rs 200 crore by United Bank of India through QIP mode.
Finance Minister Arun Jaitley increased spending on farm and social sectors.
Plan expenditure entails government spending on social welfare schemes.
Loan amount should be less than Rs 35 lakh and property value less than Rs 50 lakh.
NLC paid the interim dividend of 15 per cent, valued at Rs 226.49 crore, it added.
Further, according to the Survey, Indian states show a clear regional disparity in FDI inflows.
As per the road map, the government has to achieve fiscal deficit of 3.5 per cent in 2016-17.