Page 4 - Development Cess News Today

The announcement comes in the wake of a surge in edible oil prices in India. India is one of the world’s largest vegetable oil importers and relies on imports for 60 per cent of its needs.

NEW DELHI — India has allowed duty-free imports of 2 million tonnes each of crude soyoil and crude sunflower oil for the current and the next fiscal year to…

To provide required relief to consumers, the Central Government on Tuesday exempted customs duty and agriculture infrastructure development cess on 20 Lakh metr

Shares of Adani Wilmar ended 5 percent lower at Rs 664.95 on BSE. Ruchi Soya stock too fell 5 per cent to Rs 1045.65 against the previous close of Rs 1100.45 on BSE.

NEW DELHI: India could soon cut an import tax on crude soyoil and crude sunflower oil, trade and government sources said on Tuesday, as the world's biggest vegetable oil importer tries to keep a lid on local prices.

The development comes as India, the world's biggest vegetable oil importer, tries to keep a lid on local prices.

The move could also help consumers and domestic refiners cushion the blow from surging food costs. . Read more at straitstimes.com.

The Centre has allowed import of a quantity of 20 lakh tonne, each of crude soyabean oil and crude sunflower oil per year, for a period of two years at zero customs duty and Agricultural Infrastructure and Development Cess, an official note ...

NEW DELHI — India could soon cut an import tax on crude soyoil and crude sunflower oil, trade and government sources said on Tuesday, as the world’s biggest…

Maharashtras ruling Maha Vikas Aghadi (MVA) hit out at the Centre and Prime Minister Narendra Modi after he on Wednesday pointed fingers at the state government for pushing up petrol-diesel prices.Leading the attack from the front, Chief ...