Govt imposes 40% export duty on onion effective May 4

Besides, it has extended the duty exemption on imports of yellow peas covered by the bill of entry issued on or before October 31, 2024.

Onion prices, onion supply, export duty on onion, onion exports, Indian express business, business news, business articles, business news stories

In August last year, India had imposed a 40 per cent export duty on onions up to December 31, 2023.

The government on Friday imposed a 40 per cent duty on export of onions.

It also exempted duty on the import of desi chana till March 31, 2025.

Besides, it has extended the duty exemption on imports of yellow peas covered by the bill of entry issued on or before October 31, 2024.

Story continues below this ad

In a notification, the finance ministry said the changes would be effective from May 4.

Currently, the export of onion is banned. However, the government allows shipments to India’s friendly nations. It has permitted a specified quantity of onion exports to UAE and Bangladesh.

In August last year, India had imposed a 40 per cent export duty on onions up to December 31, 2023.

Canada, UK and Australia formally recognise a Palestinian state

World6 hr ago

The UK, Canada, and Australia have recognized Palestine as a state, going against the US and Israel's opposition. British PM Starmer aims to revive peace without Hamas and hostage release. Canada and Australia also recognize Palestine, condemning terrorism. Over 145 UN members recognize Palestine, with France likely to join soon.

View all shorts

Live Blog