The central government is considering a roll back of the 40% export duty imposed on Bangalore rose onions and Krishnapuram rose onions grown in Karnataka and Andhra Pradesh, respectively, said trade sources. The government on August 19 imposed a 40% duty on all types of onions exported from India to tame strong bullish trend in … Read more
The central government has scrapped export duty of 20% on rice of seed quality in the husk (paddy or rough). Officials said the duty was scrapped after review of rice stocks. The exemption will be effective from April 11. The centre in September, 2022 had imposed an export duty of 20% on Rice in Husk … Read more
India on Thursday imposed 20 per cent export duty on export of various types of rice, excluding the parboiled and Basmati rice . As per a release by the Department of revenue, under the Ministry of Finance, the 20 per cent levy will be imposed on export of rice in the husk (paddy or rough), … Read more
NEW DELHI – In its latest step to tackle hardening inflation, the government on Saturday imposed export duty on steel while increasing the export duty on iron ore and slashing the import duty on crucial raw materials for the sector to zero. The decision is aimed at bringing down domestic steel prices and shielding the … Read more