Page 6 - Development Cess News Today

India has cut its tax on crude palm oil (CPO) imports to 5% from 7.5%, the government said in a notification, as the world’s biggest edible oil importer tries to rein in local prices of the commodity and help domestic refiners and consumers. The reduction in the tax, known as the Agriculture Infrastructure and Development ...

Creating a buffer for pulses and onions, suitable import policy for lentils, strict measures against speculation and hoarding, and offering incentives for production and alternates are among the measures that the government has undertaken to ...

No doubt the fiscal space available to the government is limited, but it must not ignore that the informal sector and the rural areas have been hit hard due to the COVID-19 pandemic.

Retail prices of nutrient-rich pulses have not shown any drastic decline in the past few months despite several interventions and measures introduced by the Centre to cool off prices.Prices of the largest consumed pulses -- chana -- fell by ...

Retail prices of nutrient-rich pulses have not shown any drastic decline in the past few months despite several interventions and measures introduced by the Centre to cool off prices.

After months of rise in petrol and diesel prices, the Central government provided Diwali relief from fuel costs and announced cuts on petrol and diesel prices on the eve of the festival.

India on Wednesday reduced the rate of basic custom duty and cess imposed on import of various edible oils, effective from Thursday.The move comes after international prices of soyabean, sunflower seed, crude palm, and RBD Palmolein based ...

India on Wednesday slashed its base import tax on crude palm oil, crude soyoil and crude sunflower oil to zero from 2.5%, as the world’s biggest vegetable oil buyer tries to cool near-record price rises. The south Asian country also reduced Agriculture Infrastructure and Development Cess (AIDC) on crude palm oil imports to 7.5% from ...

Fuel prices soon to score a century Fuel prices soon to score a century BySridhar VivanSridhar Vivan / Updated: Jun 16, 2021, 06:00 IST Per litre diesel Rs 92.52; fuel dealers face people’s wrath Bengaluru is all set to score a ‘tonne’ as far as petrol prices are concerned. On Tuesday, the petrol was sold for Rs 99.63 while diesel for Rs 92.52 per litre. Petroleum dealers said that at this rate, the city may soon enter into the infamous ‘Rs 100 club’ shortly. The increase in fuel ...

LAHORE: With a desire to increase revenues immediately economic planners impose measures without bothering to evaluate their impact on overall economy, job losses, and eventual fall in revenues....