Bihar CM has declared a rebate in VAT on items of mass consumption.
Accusing the Centre of
discriminating against the BJP-ruled states, the opposition
party today demanded that tax exemptions given to Himachal
Pradesh and Uttarakhand should be continued in line with the
other hilly states.
The government should cover the entire chain of manufacturing medical textile for exports under tax benefits for promoting a promising area of growth in the global market, industry body FICCI said.
Tax concessions to exporters announced in the new Foreign Trade Policy will cost the exchequer an extra Rs 2,200 crore.
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