Sugar: No direct impact from Budget

Budget Provisions The budget proposes to increase the MAT rate from 15% to 18% while the surcharge for corporate has been reduced to 7.5% from 10%. Industry expectations not met The premier sugar......

Sugar: Govt to focus on rising prices

Riding on the rising price scenario, the sugar sector can hardly expect any benefit from the Union Budget 2010-11. On the back of demand supply mismatch, the India's sugar prices have again begin......

Sugar: Budget will benefit select firms

Players in the midst of expanding / setting up cogeneration power plant will benefit from the extension of the terminal date for 80-IA benefit by one year upto 31st March 2011. Budget provisions......

Sugar: Govt to focus on rising prices

On the back of demand supply mismatch, the India's sugar prices have again begin rising up. The medium grade sugar prices in June 2009 inched up to Rs 2539.62 per quintal (average prices until 17th......