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DEPB scheme has been extended till May 2009.
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Refund of service tax on almost all the services.
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Income tax benefit to 100%
EOUs has been extended by Government.
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Coverage of FMS has been increased and additional 10 countries have been included. These are Mongolia, Bosnia-Herzegovina, Albania, Macedonia, Croatia, Honduras, Djibouti, Sudan, Ghana and Colombia.
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Split-up facility under DFIA Scheme introduced.
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Duty free import of samples has been increased from Rs.75, 000 to Rs.1, 00,000.
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Value of jeweler parcels, through Foreign Post Office is raised to US$ 75,000. Earlier it was from US$ 50,000.
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EOUs shall be allowed to pay excise duty on monthly basis, instead of the present system of paying duty on consignment basis.
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Customs duty payable under EPCG Scheme has been reduced from 5% to 3%.
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Setting up a new Export Promotion Council for Telecom Sector.