Tag: import tax

Palm oil dips as India import tax concerns counter weak supply outlook
Posted in Economy

Palm oil dips as India import tax concerns counter weak supply outlook

Malaysian palm oil futures ended lower on Wednesday as concerns over the prospect of higher import taxes in India, the world’s top vegetable oil buyer,…

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Budget 2024: Sitharaman proposes to slash import tax on gold, silver to 6% to curtail smuggling
Posted in Economy

Budget 2024: Sitharaman proposes to slash import tax on gold, silver to 6% to curtail smuggling

Budget 2024-25: Finance Minister Nirmala Sitharaman on Tuesday proposed slashing import duties on gold and silver to 6 per cent from 15 per cent, while…

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Palm Oil import tax: India considers raising palm oil import tax to help rapeseed farmers
Posted in Economy

Palm Oil import tax: India considers raising palm oil import tax to help rapeseed farmers

India, the world’s biggest importer of vegetable oils, is considering raising its import duty on palm oil to help support local farmers reeling from a…

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