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India, export tax and parboiled rice
India scraps export tax on parboiled rice to boost exports
India on Tuesday scrapped the export tax on parboiled rice, the government said in an official order, as inventories in the world's biggest exporter of the grain surged and the country is set to produce a bumper crop after copious monsoon rains.
India removes export tax on parboiled rice
India has eliminated the export tax on parboiled rice, boosting its position as the world's largest rice exporter. This decision follows last month's reduction of the duty from 20% to 10% to enhance exports,
Govt reduces duty on parboiled rice to nil from 10%
Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News and updates on financial, economic and banking news on CNBCTV18.
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