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Palm Stearin

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Budget's impact on the FMCG sector

Basic Customs Duty on fatty acids, crude palm stearin, RBD and other palm stearin and specified industrial grade crude oils being reduced from 7.5% to Nil for manufacture of soaps and oleo......

Hike in excise duty and MAT

New income tax slabs will bring relief to the middle class. The exemption limit for the general category of individual taxpayers increased from Rs. 1.6 lakh to Rs. 1.8 lakh this year. This measure......

Budget has a strong green leaning

From an allocation of over Rs. 600 crore (Rs. 6 billion) towards forest regeneration and environmental remediation programmes, to exemptions given to hybrid automobile makers and solar lanterns,......

FMCG: Give impetus to rural income generation

FMCG sector analysts say that due to excise free zones, impact of the excise duty hike will be limited, except for Hindustan Lever. The sector wants impetus for rural income generation and no hike......

Budget: Will it usher in speedy recovery?

How the Government uses Union Budget to usher in speedy recovery for India and at the same time balance the fisc, which is slowly going out of proportions, remains to be seen Union Budget 2009-10......

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