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The New Foreign Trade Policy 2015-20 has considered various policy changes such as simplification and amalgamation of incentives schemes, revamping of incentives schemes for services exports, focus on reduction of transaction cost, incentives to SEZs, eliminating bottlenecks for doing business, etc. Export Incentives form the vital part of the policy. These incentives influence competitiveness of the exporters and help them explore new markets too. The new FTP aims at creating a strong support system for getting the vision of “Make in India” into the reality.
(A) Indirect Taxation and Export Benefits
(B) Export Incentives:
Future Scenario of Export Incentives