INDIA FOOD INDUSTRY PRESSES GOVERNMENT TO CUT SALES TAXES IF REFLECTED IN CURRENT ELECTIONS
April 19th, 2024
The Indian food industry is expecting little change in the government policy after the general elections, which are likely to bring Prime Minister Narendra Modi’s BJP (Bharatiya Janata Party) party back to power in early June. Although most business executives speaking to Just Food are extremely cautious of not being critical of the government, all of them have called for a reduction in sales tax on smaller -sized consumer food packs.
“Taxes on food products are very high [in India] as compared to other countries,” Piruz Khambatta, chairman of ...
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