India’s Edible Oil Imports Fall 3% to 159.6 Lakh Tonnes in 2023-24
India’s edible oil imports fell by 3.09% to 159.6 lakh tonnes in 2023-24, driven by higher domestic oilseeds production and reduced demand amid rising prices,...
Tag : edible oil
Government Plans to Address Edible Oil Price Surge Ahead of Festive Season
Different ministries in India are expected to hold consultations soon on ways to provide relief to consumers as the Centre is “concerned with rising edible...
Extension of Reduced Customs Charge on Imported Edible Oil till March
According to a formal order, the finance ministry has extended the agricultural and infrastructure development cess and the basic concessionary customs tax on edible oils...
India Reduces Tax on Crude Palm Oil
India has decreased its tax on crude palm oil (CPO) imports to 5 per cent from 7.5 per cent, the government said in a release....
Govt Collects Direct Tax of Rs 6 L Cr Till Oct
The net direct tax collection till October is at Rs 6 lakh crore. The monthly GST is around Rs 1.15 lakh crore; the centre’s tax...
India Decreases Import Tax on Soy Oil, Sunflower Oil
India decreases import tax on crude and refined soy oil and sunflower oil by 7.5 per cent, said a government order India is the world’s...
Marico Shares Flirt With Highs on Revenue Prospects
Shares of Marico Ltd are about 2 per cent away from their annual closing highs seen in January on the National Stock Exchange. The company...
Palm Oil Purchases by India Will Jump 11 Per Cent This Year
Palm oil purchases by India will probably jump almost 11 per cent this year, with a relatively faster rise in prices of competing cooking oils...
Government has hiked import duty on edible oil by 5%
The government has hiked the import duty on edible oil by 5 percent. The Central Board of Excise and Customs said in a notification that...