FIMI hopes stimulus package will provide some relief to the “highly taxed” mining sector

Miners’ body FIMI hailed the Rs 20 lakh crore special economic package, expressing hope that the stimulus will also be used to give relief to “highy taxed and struggling” mining sector. “We are grateful to the Prime Minister for announcing the financial stimulus of Rs 20 lakh crore to make India self-reliant and boost MSMEs…,” […]

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Indonesia relaxes levies on palm oil

Indonesia has relaxed rules on levies for palm oil and derivative products effective immediately following a drop in palm oil prices, according to the Indonesian  finance ministry regulation uploaded on a government website. Indonesia, the world’s top exporter of palm oil, will not collect levies from palm exporters when prices are below a threshold of […]

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