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Stable taxes on tobacco products critical for the survival of FCV tobacco growers
12-Jan-2023 - 0 Comments.
Federation of All India Farmer Associations (FAIFA), a non-profit organization representing the cause of millions of farmers and farmworkers of commercial crops across the states of Andhra Pradesh, Telangana, Karnataka, Gujarat, etc. in their pre-budget appeal to Finance Minister, Smt Nirmala Sitharaman have requested to treat tobacco crop like any other agricultural produce and not put additional burden of taxes on legally manufactured products in India as that would have an adverse impact on tobacco farmers .
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FAIFA appeals to policy makers to sustain market price of finished goods to protect livelihoods of FCV farmers
26-Jan-2022 - 0 Comments.
Federation of All India Farmer Associations (FAIFA), a non-profit organization representing the cause of millions of farmers and farm workers of commercial crops across the states of Andhra Pradesh, Telangana, Karnataka, Gujarat, etc. flagged that consumption price of legal cigarettes in India have reached the maximum limit to what the purchasing capacity of consumers can absorb against the backdrop of cheaper and fast growing illicit cigarettes and alternatives, and any further increase in taxes would lead to a severe reduction in flue-cured Virginia (FCV) cultivation and impact the livelihoods of farmers.
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EID Parry post 29% increase in EBIDTA for 2019-20 fiscal year
12-Jun-2020 - 0 Comments.
India's one of the leading manufacturers of sugar, EID Parry (India) Limited has reported an increase in earnings before depreciation, interest, taxes and exceptional items (EBITDA) by 29% at INR 2016 crore, as compared to INR 1558 crore posted during the 2018-19 financial year.
