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Budget's impact on the FMCG sector

Basic Customs Duty on fatty acids, crude palm stearin, RBD and other palm stearin and specified industrial grade crude oils being reduced from 7.5% to Nil for manufacture of soaps and oleo......

Hike in excise duty and MAT

New income tax slabs will bring relief to the middle class. The exemption limit for the general category of individual taxpayers increased from Rs. 1.6 lakh to Rs. 1.8 lakh this year. This measure......

Budget has a strong green leaning

From an allocation of over Rs. 600 crore (Rs. 6 billion) towards forest regeneration and environmental remediation programmes, to exemptions given to hybrid automobile makers and solar lanterns,......

FMCG: Give impetus to rural income generation

FMCG sector analysts say that due to excise free zones, impact of the excise duty hike will be limited, except for Hindustan Lever. The sector wants impetus for rural income generation and no hike......

Budget: Will it usher in speedy recovery?

How the Government uses Union Budget to usher in speedy recovery for India and at the same time balance the fisc, which is slowly going out of proportions, remains to be seenUnion Budget 2009-10......
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Government hikes import duty on wheat to 25% to cut imports

Comment · print · T T T+· T- REUTERS The Agriculture Ministry was also in favour of a duty hike. TOPICS The Food Ministry had... ...
India raises wheat import tax to 25 pct from 10 percent - statement

NEW DELHI India has raised the import tax on wheat to 25 percent from 15 percent, the government said in a statement on Monday, to curb cheaper... ...
Unlike petroleum, India's edible oil imports are showing no cooling signs

In the global marketplace, everything is interconnected. Such linkages might even extend to palm oil imports and credit flows. (Reuters) Last... ...
Dummy buyers account for 75% of palm oil at JNPT

Under a multi-crore tax evasion racket in the import of edible oil, unscrupulous importers are evading duty under the cover of consignment... ...

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