The tax amount will be deposited in the return file of the income tax filer After flour, the government has imposed advance and withholding tax on the sale of rice to be collected from distributors or dealers. The tax will be collected from the manufacturer and the commercial importer as per Section 236-G, 236-H. As […]
Rice export prices from Vietnam slipped to their lowest levels in a year, and Thai rates also dropped this week amid lacklustre demand, as markets awaited potential easing of restrictions by top exporter India. Vietnam’s 5% broken rice was offered at $565-$570 per metric ton on Thursday, its lowest since July 27, 2023 and down […]
The delegation from Hubei province meeting with Jeffrey. KOTA KINABALU (July 10): Sabah is looking to boost its rice production through potential collaboration with China’s Hubei province, a leader in hybrid rice technology. This development came to light during a meeting between Sabah’s Minister of Agriculture, Fisheries and Food Security Datuk Seri Dr Jeffrey Kitingan […]
Agriculture ministers of Vietnam and the Philippines have agreed to establish a rice industry alliance between the two countries and upgrade the trade relationship to an investment partnership in the rice industry. The Philippines is the largest export market of Vietnam. (Photo: VNA) Hanoi (VNS/VNA) – Agriculture ministers of Vietnam and the Philippines have agreed […]
The top court was hearing a PIL seeking compliance with clause 7(4) of the Food Safety and Standards (Fortification of Foods) Regulations, 2018, which says patients with conditions such as thalassemia and sickle cell disease are contraindicated from consuming iron. Krishna Yadav In April 2022, the Cabinet Committee on Economic Affairs (CCEA) approved the supply […]
The Centre has banned exports of non-basmati white rice since July 20, 2023, to boost domestic supply According To The Agriculture Ministry’s Estimates, India’s Rice Production Is Estimated At 136.7 Million Tonnes In 2023-24 Compared To 135.75 Million Tonnes In The Preceding Year. (Photo: PTI) Union Commerce Minister Piyush Goyal on Wednesday said a Group […]
Finance Minister Senator Muhammad Aurangzeb was called on by the representatives of Rice Exporters Associations of Pakistan (REAP) at the Finance Division today. The representatives from REAP briefed the minister on the growth of the agriculture sector, particularly rice crop. They highlighted the strengths of their industry and presented some tax measures for consideration. The […]
By Yinka Kolawole & Gabriel Ewepu ABUJA—The Federal Government is planning to suspend duties, tariffs, and taxes on some essential food items imported through land and sea borders. Vanguard gathered yesterday that the decision was informed by the need to bring down the cost of food items which have hit the roof, making life unbearable […]
Farmers harvest rice in the Mekong Delta province of Tra Vinh. Photo by VnExpress/An Binh The average rice export price went up by over 18% over the same period last year, according to data from the General Department of Customs. The grain was sold at US$959 per ton in Brunei, $868 in the US, $857 […]
India, the top rice exporter, may relax export restrictions to avoid a glut before the new crop arrives. LT Foods, KRBL, and Chaman Lal Setia Exports saw significant share surges. The move could benefit countries in West Africa and the Middle East. 3 rice stocks surge up to 14.5% on reports of India considering easing […]
