India imposes export duty of 40% on onions
Currently, the export of onion is banned. However, the government allows shipments to India's friendly nations. It has permitted a specified quantity of onion exports to UAE and Bangladesh.

Furthermore, it has prolonged the duty exemption on imports of yellow peas for shipments covered by the bill of entry issued on or before October 31, 2024.
In a notification, the finance ministry said the changes would be effective from May 4.
Currently, the export of onion is banned. However, the government allows shipments to India's friendly nations. It has permitted a specified quantity of onion exports to UAE and Bangladesh.
In August last year, India had imposed a 40 per cent export duty on onions up to December 31, 2023.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.