In August 2024, the Ministry of Commerce & Industry clarified that the interest equalisation under the Interest Equalisation Scheme (IES) will be capped at Rs ______ per IEC (Importer-Exporter Code) for the period from July 1 to August 31, 2024.
1
1.00 crore
2
1.25 crore
3
1.50 crore
4
1.66 crore
5
1.75 crore