ANL 24.19 Increased By ▲ 1.74 (7.75%)
ASC 15.80 Decreased By ▼ -0.16 (-1%)
ASL 22.12 Decreased By ▼ -0.28 (-1.25%)
BOP 8.49 Increased By ▲ 0.09 (1.07%)
BYCO 8.82 Increased By ▲ 0.02 (0.23%)
FCCL 17.44 Decreased By ▼ -0.47 (-2.62%)
FFBL 24.81 Decreased By ▼ -0.14 (-0.56%)
FFL 17.25 Decreased By ▼ -0.07 (-0.4%)
FNEL 8.45 Increased By ▲ 0.22 (2.67%)
GGGL 21.37 Decreased By ▼ -0.06 (-0.28%)
GGL 41.50 Increased By ▲ 0.30 (0.73%)
HUMNL 6.90 Decreased By ▼ -0.15 (-2.13%)
JSCL 21.06 Increased By ▲ 0.71 (3.49%)
KAPCO 37.72 Decreased By ▼ -0.24 (-0.63%)
KEL 3.53 Decreased By ▼ -0.02 (-0.56%)
MDTL 2.99 No Change ▼ 0.00 (0%)
MLCF 35.75 Decreased By ▼ -0.92 (-2.51%)
NETSOL 152.49 Increased By ▲ 1.09 (0.72%)
PACE 5.79 Decreased By ▼ -0.06 (-1.03%)
PAEL 30.75 Decreased By ▼ -0.35 (-1.13%)
PIBTL 9.28 Decreased By ▼ -0.03 (-0.32%)
POWER 7.75 Decreased By ▼ -0.16 (-2.02%)
PRL 20.20 Decreased By ▼ -0.05 (-0.25%)
PTC 10.23 Decreased By ▼ -0.11 (-1.06%)
SILK 1.66 Decreased By ▼ -0.05 (-2.92%)
SNGP 45.22 Increased By ▲ 0.55 (1.23%)
TELE 22.71 Increased By ▲ 0.51 (2.3%)
TRG 176.00 Increased By ▲ 1.40 (0.8%)
UNITY 35.28 Decreased By ▼ -0.32 (-0.9%)
WTL 3.18 No Change ▼ 0.00 (0%)
BR100 4,965 Increased By ▲ 4.6 (0.09%)
BR30 24,425 Increased By ▲ 1.9 (0.01%)
KSE100 46,552 Increased By ▲ 24.13 (0.05%)
KSE30 18,422 Decreased By ▼ -0.31 (-0%)

Coronavirus
HIGH Source: covid.gov.pk
Pakistan Deaths
27,327
8124hr
Pakistan Cases
1,227,905
1,89724hr
4.1% positivity
Sindh
451,448
Punjab
423,670
Balochistan
32,772
Islamabad
104,348
KPK
171,589
Markets

India cuts basic import duty on edible oils

  • The government has proposed 17.5% cess on CPO and 20% cess on crude soybean and sunflower oil, she said.
01 Feb 2021

MUMBAI: India slashed the basic import duty on crude palm oil (CPO) to 15% from 27.5% earlier, Finance Minister Nirmala Sitharaman said on Monday.

The basic custom duty on soybean oil and sunflower oil also cut 15% from 35% earlier Sitharaman said in her annual budget presented for 2021/22 financial year.

The government has proposed 17.5% cess on CPO and 20% cess on crude soybean and sunflower oil, she said.

India is the world's biggest importer of vegetable oils.

Comments

Comments are closed.