As per Section 7 of Foreign Trade (Development and Regulation) Act, no person shall make any import or export except under an Importer-exporter Code Number granted by the Director General or the officer authorised by the Director General in this behalf, in accordance with the procedure specified in this behalf by the Director General. Import Export Code (also known as IEC code) is a 10-digit alphanumeric code. This is an identification number that is issued by the DGFT (Director General of Foreign Trade), Department of Commerce, Government of India. It is also known as Importer Exporter Code. Companies and businesses must obtain this code to start a business that deals with imports and export in the Indian territory. It is not possible to deal with export or import business without this IEC code. IEC is issued on the basis of PAN of an entity.
What is the investment limit for Foreign Portfolio Investors (FPI) in government securities (Gsecs) as announced by the RBI for the fiscal year 2024-25?
The instrument where coupon and principal payments of bonds are converted into separate securities and are separately traded is called:
Which organization unveiled SCORES 2.0 to enhance investor complaint redressal?
Which of the following bank was the first bank which was fully managed by Indian?
Which of the following statements correctly distinguish Venture Capital (VC) from Private Equity (PE)?
How much collateral free loan can be provided under PM SavNidhi Scheme?
HDFC Securities, will be opening the first-ever Women-Only Digital Centre (DC) in which city of the country?
Under which of the following’s administrative control does ECGC come?
Which recent partnership is set to democratize insurance in India through digital distribution?
NSDC International and Perdaman got into a partnership to create an interface between Indian skilled youth and market opportunities in which of the foll...