Section

India scraps export tax on parboiled rice to boost exports

By Economic Times - 6 hours ago
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, along with the resumption of non-basmati white rice exports at a set floor price of $490 per metric ton.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.