Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: empanelment :: VAT Audit :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: form 3cd :: TDS
 
 
« General »
 Companies should invest in upgradation of tax technology
 Top House tax writer suggests measures to mitigate the impact of the border tax
 Consumer goods distributors, wholesalers to bear the brunt of GST
 GST classification woes to continue
 There will be no tax on farm or agriculture income
 RBI, Income Tax Acts to be amended for electoral bonds, Jaitley says
  Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016
 I-T zeroes in on Mumbai trader in first crackdown after demonetisation
  Tax queries answered by Dilip Lakhani, Senior Chartered Accountant
 Income Tax Department Failed To Unearth Black Money Despite Information
 Govt filing twice as many cases as private cos in Supreme Court

Export ban eases pressure on onion
December, 24th 2010

Onion prices in the wholesale markets of Uttar Pradesh fell sharply after the Union governments announcement of a ban on exports.

In the mandis, orders worth several lakhs have been cancelled in the past three days. In this city alone, export orders of 600 quintals were cancelled yesterday and another 435 qtls on Thursday. In Farrukhabad district, the only wholesale centre for onions in UP, orders worth several lakhs have been cancelled.
 
Traders said the prices would fall further in the coming weeks, once imports from Pakistan begin. They said the crop in Pakistan started coming in the second week of January and would ease domestic supplies.

According to the general secretary of the UP Fruit and Vegetable Traders Association, Faizan Ahmad, due to soaring prices, the demand had dropped. Several traders had been exporting to Nepal but theyve now begun cancelling these. Rates had fallen in the past four days at Nashik and in Karnataka, from where 70 per cent of UPs demand is met.

In the wholesale markets, prices had come down to Rs 20-35 a kg on Thursday. Earlier, these were as high as Rs 45-60 a kg. These will fall further, say traders, since the high water content in the onion makes it difficult to hoard it for long.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - About Us

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions