Government slashes export tax on parboiled rice by 10%, a year after fixing it at 20% to maintain domestic stock
- Posted on September 27, 2024
- By Business News Today
- 4 Views
Government slashes export tax on parboiled rice by 10%, a year after fixing it at 20% to maintain domestic stock
India's government has halved the export duty on parboiled rice from 20% to 10%, a year after the initial imposition due to production concerns. This decision, effective until March 31, 2024, follows the establishment of the Rice Federation Consulting Committee to address rice export challenges.
