NEW DELHI:
The AEPC has also requested that an interest equalization rate of 5 per cent be announced in the Union Budget, scheduled to be unveiled on February 1.
Other demands include extension of concessional tax rate for new manufacturing units to encourage setting up of new garment units; simplification in the procedure of imports of trims and embellishments under IGCR (Import of Goods at Concessional Rate); and liberalizing e-commerce export procedures.
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