FIEO Channel 🔊
FIEOMembershipTeam (1).pdf
Introducing FIEO Membership Support Team. Please feel free to contact them for assistant in applying for the Membership of FIEO on the DGFT Portal www.dgft.gov.in
FIEO WR is organising a Seminar on Export Documentation and Procedures at Mumbai on 21st February 2024.
The details of the seminar are as follows:
🗓 Day & Date: Wednesday, 21st February 2024
🕰 Time: 11 am to 4 pm
🏢 Venue: FIEO Conference Hall
Times Square Building, B wing, 4th Floor Unit no 3A, Andheri Kurla Road, Andheri East, Mumbai-400059
The Participation Fees for the Seminar is as follows:
Rs. 1416/- per participant (Incl. of GST)
Non Member: Rs. 1770/- per participant (Incl. of GST)
THE PARTICIPANT FEES INCLUDE LUNCH COST
For more details please CLICK HERE
The details of the seminar are as follows:
🗓 Day & Date: Wednesday, 21st February 2024
🕰 Time: 11 am to 4 pm
🏢 Venue: FIEO Conference Hall
Times Square Building, B wing, 4th Floor Unit no 3A, Andheri Kurla Road, Andheri East, Mumbai-400059
The Participation Fees for the Seminar is as follows:
Rs. 1416/- per participant (Incl. of GST)
Non Member: Rs. 1770/- per participant (Incl. of GST)
THE PARTICIPANT FEES INCLUDE LUNCH COST
For more details please CLICK HERE
FIEO is glad to invite Exporters from Pune to attend a *"SESSION ON HASSLE FREE EXPORT FINANCE & SMOOTH LODGEMENT OF EXPORT BILLS"* at Pune on 23rd February, 2024
The Session shall address the painpoint of Acquiring Export Finance & Lodgement of Export Bills after the Transaction is done
*The Details of the Session are as follows:*
🗓*Day & Date:* Friday, 23rd February, 2024
🕰*Time:* 02:30 pm to 05:30 pm (Registration at 02:00 pm)
🏢*Venue:* Four Points by Sheraton, Hotel & Serviced Apartments Pune, 5th Mile Stone, Viman Nagar, Pune – 411014
*To Register for the Session, please use the following link: https://forms.office.com/r/LkFjYdJEd9
The Session shall address the painpoint of Acquiring Export Finance & Lodgement of Export Bills after the Transaction is done
*The Details of the Session are as follows:*
🗓*Day & Date:* Friday, 23rd February, 2024
🕰*Time:* 02:30 pm to 05:30 pm (Registration at 02:00 pm)
🏢*Venue:* Four Points by Sheraton, Hotel & Serviced Apartments Pune, 5th Mile Stone, Viman Nagar, Pune – 411014
*To Register for the Session, please use the following link: https://forms.office.com/r/LkFjYdJEd9
🌟 Renew your e-RCMC with FIEO for FY 2025-2026 🌟
Dear Exporter,
✨ Greetings from FIEO! ✨
As the new year 2025 begins, existing members of FIEO can now renew their e-RCMC for FY 2025-2026 on the DGFT Portal www.dgft.gov.in
New aspiring entrepreneurs and exporters can also enroll as members of FIEO and apply for e-RCMC issuance for either FY 2024-2025 or FY 2025-2026 on the DGFT Portal
✅ Ensure to update accurate Annual & Export Turnover details during application submission to avoid queries from Customs or GST Dept. in the future
✅ Status Holder Members may please ensure that they have an active Status Holder Certificate issued by DGFT under the new FTP 2023 before renewal, as Status Holder Certificates issued prior to launch of FTP 2023 have expired last year
✅ Member exporters are eligible for 10% discount for payments made for 5 years in advance and 5% discount for payments made for 3 or 4 years in advance
📞 For guidance, contact our membership team:
www.fieo.org/FIEOMembershipTeam.pdf
Members who have already renewed for FY 2025-2026 or above may kindly ignore this message
Thank you for your esteemed association with FIEO! 🙏
Warm Regards,
FIEO Membership Team
Dear Exporter,
✨ Greetings from FIEO! ✨
As the new year 2025 begins, existing members of FIEO can now renew their e-RCMC for FY 2025-2026 on the DGFT Portal www.dgft.gov.in
New aspiring entrepreneurs and exporters can also enroll as members of FIEO and apply for e-RCMC issuance for either FY 2024-2025 or FY 2025-2026 on the DGFT Portal
✅ Ensure to update accurate Annual & Export Turnover details during application submission to avoid queries from Customs or GST Dept. in the future
✅ Status Holder Members may please ensure that they have an active Status Holder Certificate issued by DGFT under the new FTP 2023 before renewal, as Status Holder Certificates issued prior to launch of FTP 2023 have expired last year
✅ Member exporters are eligible for 10% discount for payments made for 5 years in advance and 5% discount for payments made for 3 or 4 years in advance
📞 For guidance, contact our membership team:
www.fieo.org/FIEOMembershipTeam.pdf
Members who have already renewed for FY 2025-2026 or above may kindly ignore this message
Thank you for your esteemed association with FIEO! 🙏
Warm Regards,
FIEO Membership Team
*Highlights of Union Budget 2025*.
1. Kisan Credit Card limit enhanced from Rs. 3 lakh to Rs. 5 lakh
2. Additional Infra in 5 IIT’s set up after 2014. IIT Patna to be expanded
3. 10,000 more seats to be added in medical colleges in next year and 75,000 in next five years
4. Rs. 500 Cr. for Centre for Excellence in AI
5. Social Welfare Scheme for GIG workers
6. Extension of Jal Jeevan Mission till 2028
7. Urban Challenge Fund of Rs. 1 lakh crore to be set up
8. Green field airports to be facilitated in Bihar in addition to Patna airport
9. Rs. 20,000 Cr. for Private Sector R&D
10. Top 50 tourist destinations to be developed. Focus on destinations linked to Budha
11. ‘Heal in India’ to be promoted
12. FDI limit for Insurance sector to be raised to 100% if entire premium invested in India
13. Revamped KYC Registry to be rolled out
14. Customs: Rationalize tariff structure
15. 36 life saving drugs exempt from duty & 5% duty on 6 life saving drugs
*Direct and Indirect tax*
1. New Income tax Bill Next Week
2. New Income tax Bill to be simple and close to present
3. Personal Income Tax Reforms for Middle class
4. NIL Income tax upto 12,00,000
5. Income Tax slab changed
6. TDS and TCS rationalize
7. Limit for TDS on rent increased from Rs. 2.4 lakh to Rs. 6 lakh
8. Limit for TDS on Senior citizens enhance from Rs. 50,000 to Rs. 1,00,000
9. TCS removed on remittance for education purposes
10. ‘Updated Return’ time limit enhanced to 4 years from present 2 years.
*🚀 Budget 2025*
*Summary*
The government’s focus in the budget is on development 📈...
Global growth slightly affected due to global tensions 🌍⚡️...
The budget emphasizes 10 key themes 🏗...
More focus on the development of the poor 🏡, women 👩💼, and youth 👨🎓...
Increased emphasis on rural development 🚜 and manufacturing 🏭...
More reforms to be introduced in the financial sector 💰...
*🔹 Key Announcements:*
✅ Dhan Dhanya Yojana 🌾 to be launched in 100 districts...
✅ Special 6-year mission for Tur, Urad, and Masoor dal 🌱...
✅ Makhana Board 🍘 to be set up in Bihar...
✅ Central agencies 🏢 to purchase pulses for 4 years...
✅ New schemes 🌱 for vegetable and fruit 🍏 production in collaboration with states...
✅ Development of the marine sector 🐟...
✅ Kisan Credit Card 💳 limit increased to ₹5 lakh...
✅ Urea plant 🏭 to be set up in Assam...
✅ India Post 📦 to be developed as a major logistics organization 🚚...
✅ Special credit card 💳 for small businesses...
✅ Self-reliance in edible oils 🛢...
✅ Special schemes for footwear 👞 and leather 👜...
✅ India 🇮🇳 to become a global hub for toys 🧸...
✅ Special scheme for women from backward classes 👩👩👧👦...
✅ 22 lakh new jobs 🏢👷 to be created under the Leather Scheme...
✅ Launch of the National Manufacturing Mission 🏗...
✅ Increased emphasis on Indian languages 📖 in education...
✅ More IIT institutes 🎓 to be established...
✅ 75,000 new seats 🏥 in the medical field in the next 5 years...
✅ Special AI 🤖 research centers to be set up...
✅ Health insurance 🏥💊 scheme for small workers...
✅ UPI-linked card 💳 for small vendors...
✅ UPI-linked credit card limit set at ₹30,000 💰...
✅ Interest-free funds 🏗💵 for states to boost infrastructure development...
✅ ₹1 lakh crore fund 💰 announced for urban development 🏙...
✅ Increased focus on nuclear energy ⚛️ by 2047...
✅ Special scheme for nuclear energy ⚛️...
✅ Special scheme for the ship-breaking industry 🚢⚙️...
✅ More cities 🏙 to be connected under the ‘Udaan’ 🛫 scheme...
✅ New airport ✈️ to be constructed in Bihar...
✅ 40,000 housing units 🏡 to be built under the SWAMIH scheme...
✅ 52 new tourist destinations 🏝 to be developed in collaboration with states...
✅ New mining policy ⛏️ to be introduced...
✅ ₹20,000 crore investment 💰 in R&D 🔬 for the private sector...
1. Kisan Credit Card limit enhanced from Rs. 3 lakh to Rs. 5 lakh
2. Additional Infra in 5 IIT’s set up after 2014. IIT Patna to be expanded
3. 10,000 more seats to be added in medical colleges in next year and 75,000 in next five years
4. Rs. 500 Cr. for Centre for Excellence in AI
5. Social Welfare Scheme for GIG workers
6. Extension of Jal Jeevan Mission till 2028
7. Urban Challenge Fund of Rs. 1 lakh crore to be set up
8. Green field airports to be facilitated in Bihar in addition to Patna airport
9. Rs. 20,000 Cr. for Private Sector R&D
10. Top 50 tourist destinations to be developed. Focus on destinations linked to Budha
11. ‘Heal in India’ to be promoted
12. FDI limit for Insurance sector to be raised to 100% if entire premium invested in India
13. Revamped KYC Registry to be rolled out
14. Customs: Rationalize tariff structure
15. 36 life saving drugs exempt from duty & 5% duty on 6 life saving drugs
*Direct and Indirect tax*
1. New Income tax Bill Next Week
2. New Income tax Bill to be simple and close to present
3. Personal Income Tax Reforms for Middle class
4. NIL Income tax upto 12,00,000
5. Income Tax slab changed
6. TDS and TCS rationalize
7. Limit for TDS on rent increased from Rs. 2.4 lakh to Rs. 6 lakh
8. Limit for TDS on Senior citizens enhance from Rs. 50,000 to Rs. 1,00,000
9. TCS removed on remittance for education purposes
10. ‘Updated Return’ time limit enhanced to 4 years from present 2 years.
*🚀 Budget 2025*
*Summary*
The government’s focus in the budget is on development 📈...
Global growth slightly affected due to global tensions 🌍⚡️...
The budget emphasizes 10 key themes 🏗...
More focus on the development of the poor 🏡, women 👩💼, and youth 👨🎓...
Increased emphasis on rural development 🚜 and manufacturing 🏭...
More reforms to be introduced in the financial sector 💰...
*🔹 Key Announcements:*
✅ Dhan Dhanya Yojana 🌾 to be launched in 100 districts...
✅ Special 6-year mission for Tur, Urad, and Masoor dal 🌱...
✅ Makhana Board 🍘 to be set up in Bihar...
✅ Central agencies 🏢 to purchase pulses for 4 years...
✅ New schemes 🌱 for vegetable and fruit 🍏 production in collaboration with states...
✅ Development of the marine sector 🐟...
✅ Kisan Credit Card 💳 limit increased to ₹5 lakh...
✅ Urea plant 🏭 to be set up in Assam...
✅ India Post 📦 to be developed as a major logistics organization 🚚...
✅ Special credit card 💳 for small businesses...
✅ Self-reliance in edible oils 🛢...
✅ Special schemes for footwear 👞 and leather 👜...
✅ India 🇮🇳 to become a global hub for toys 🧸...
✅ Special scheme for women from backward classes 👩👩👧👦...
✅ 22 lakh new jobs 🏢👷 to be created under the Leather Scheme...
✅ Launch of the National Manufacturing Mission 🏗...
✅ Increased emphasis on Indian languages 📖 in education...
✅ More IIT institutes 🎓 to be established...
✅ 75,000 new seats 🏥 in the medical field in the next 5 years...
✅ Special AI 🤖 research centers to be set up...
✅ Health insurance 🏥💊 scheme for small workers...
✅ UPI-linked card 💳 for small vendors...
✅ UPI-linked credit card limit set at ₹30,000 💰...
✅ Interest-free funds 🏗💵 for states to boost infrastructure development...
✅ ₹1 lakh crore fund 💰 announced for urban development 🏙...
✅ Increased focus on nuclear energy ⚛️ by 2047...
✅ Special scheme for nuclear energy ⚛️...
✅ Special scheme for the ship-breaking industry 🚢⚙️...
✅ More cities 🏙 to be connected under the ‘Udaan’ 🛫 scheme...
✅ New airport ✈️ to be constructed in Bihar...
✅ 40,000 housing units 🏡 to be built under the SWAMIH scheme...
✅ 52 new tourist destinations 🏝 to be developed in collaboration with states...
✅ New mining policy ⛏️ to be introduced...
✅ ₹20,000 crore investment 💰 in R&D 🔬 for the private sector...
✅ All government secondary schools 🏫 to be connected with broadband 🌐...
✅ New schemes to boost exports 📦...
✅ Buddha-related sites 🏯 to be developed...
✅ Special scheme for preserving Indian scripts 📜...
✅ Easier access to funds 💵 for export promotion...
✅ New Income Tax Bill 📜 to be introduced next week...
✅ 100% FDI limit 🌍 in the insurance sector 🏦...
✅ Simplification of RE-KYC process 📑...
✅ 100% FPI limit 📊 in the insurance sector...
✅ Custom duty removed 🚫💊 on 36 life-saving medicines...
✅ Changes in custom duty on electronic goods 📱...
✅ No primary duty on lead & zinc ⚒️...
✅ Duty removed 🚫 on crust leather 👜...
✅ New, simplified Income Tax law 🏦📜 to be introduced...
✅ TDS rates to be made simpler 📉...
✅ Major tax relief for senior citizens 👴👵...
✅ Tax exemption limit for senior citizens increased to ₹1 lakh 💰...
✅ TDS exemption limit on rent 🏠 increased to ₹6 lakh...
✅ No penalty 🚫 on delayed TCS payments...
*🎉 Biggest Announcement:*
No tax on income up to ₹12 lakh! 💰🎊
✅ New schemes to boost exports 📦...
✅ Buddha-related sites 🏯 to be developed...
✅ Special scheme for preserving Indian scripts 📜...
✅ Easier access to funds 💵 for export promotion...
✅ New Income Tax Bill 📜 to be introduced next week...
✅ 100% FDI limit 🌍 in the insurance sector 🏦...
✅ Simplification of RE-KYC process 📑...
✅ 100% FPI limit 📊 in the insurance sector...
✅ Custom duty removed 🚫💊 on 36 life-saving medicines...
✅ Changes in custom duty on electronic goods 📱...
✅ No primary duty on lead & zinc ⚒️...
✅ Duty removed 🚫 on crust leather 👜...
✅ New, simplified Income Tax law 🏦📜 to be introduced...
✅ TDS rates to be made simpler 📉...
✅ Major tax relief for senior citizens 👴👵...
✅ Tax exemption limit for senior citizens increased to ₹1 lakh 💰...
✅ TDS exemption limit on rent 🏠 increased to ₹6 lakh...
✅ No penalty 🚫 on delayed TCS payments...
*🎉 Biggest Announcement:*
No tax on income up to ₹12 lakh! 💰🎊