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PARBOILED RICE TAX
India scraps export tax on parboiled rice to boost exportsIndia has eliminated the export tax on parboiled rice, boosting its position as the world's largest rice exporter. This decision follows la...- Government slashes export tax on parboiled rice by 10%, a year after fixing it at 20% to maintain domestic stockIndia's government has halved the export duty on parboiled rice from 20% to 10%, a year after the initial imposition due to production conc...
- India considers easing export curbs on non-basmati rice as supplies improveIndia is considering easing restrictions on non-basmati rice exports as inventories surge and a new crop is set to be harvested. This move ...
- Malaysia requests India to ease export curbs on some farm goodsMalaysia has urged India to ease export restrictions on key farm goods such as rice and sugar. Malaysia's Minister for Plantation and Commo...
- India plans to ease rice export curbs as stocks surge to record, sources sayIndia is considering reducing the floor price for basmati rice exports and replacing the 20% export tax on parboiled rice with a fixed duty...
- KRBL, LT Foods, other rice stocks rally up to 14% amid likely easing of export restrictionsIndia’s consideration to ease rice export limits surged KRBL shares by 13%, LT Foods to a 52-week high, and Kohinoor Foods by 11%. Plans in...
- India mulls easing rice export limits in boon to world buyersIndia, top rice exporter, might ease export limits before October's crop. Plans include fixed duties on white rice and removing the 20% tax...
- Rice exporters face Rs 2,000 crore tax billIndia imposed a 20% export duty on white rice in September 2022 and subsequently on parboiled rice in August 2023 to control rising domesti...
- India's rice rates grind to 2-month low on soft demandParboiled rice prices in India have fallen to their lowest level since early February due to sluggish demand. Thai rates also declined for ...
- Indian rice traders hike prices to mirror higher export dutyIndia's rice export prices increased this week due to higher duty on rice shipments, while Thailand's demand remained low. The government i...
- India's rice exports at risk as exporters face huge tax demand-sourcesIndian exporters are grappling with tax demands from customs for duty differentials on rice exports, impacting shipments due to new export ...
- Govt extends 20% export tax on parboiled rice until further orderThe Indian government has decided to extend the 20% export tax on parboiled rice beyond March 31, aiming to ensure sufficient local stock a...
- India is considering to extend parboiled rice tax in risk to world supplyIndia may extend export tax on parboiled rice to ease food inflation ahead of national elections. The government is considering keeping the...
- India mulls extension of parboiled rice curbs ahead of key pollsIndia is considering extending an export levy on parboiled rice to control local prices before key polls, potentially raising the risk of h...
- India export duty stifles activity, prices ease in other hubsIndia's tax on parboiled rice exports has led to a halt in trade activity. However, it is expected to restart after the duty becomes nil po...
- India allows exports of non-basmati white rice trapped at portsOn July 20, India surprised buyers by banning exports of widely consumed non-basmati white rice to control rising domestic prices. The move...
- Indian rice shipments of 5,00,000 tons postponed after new duty: ExportersIndia's decision to impose a 20% duty on exports of parboiled rice has led buyers and sellers to delay shipments to avoid paying the tax. T...
- Centre and traders divided over deciding the market price of onions and riceExporters and government officials in India are divided on the correct market price of food grains and onions, on which customs duty is cal...
- India, the world’s top rice shipper, now has restrictions on every grainOver the past few days, India imposed a minimum price on shipments of basmati rice and put an export tax on the parboiled variety. The gove...
- India denies media reports, says it is not considering export tax on parboiled rice varietyThe Indian government has denied reports claiming it is considering imposing an export tax on parboiled rice variety. India’s inflation has...
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