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Parliament passes bill to remove cereals, pulses, oilseeds etc


Raaz@NBK

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5 hours ago, Raaz@NBK said:

Parliament passes bill to remove cereals, pulses, oilseeds, edible oils, onion and potatoes from list of essential commodities

 

Is it true? 

If true dhini valla impact emaina vuntadha? 

Yes it seems true doesn’t know how much impact it will be 

 

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Usually everything related to essential commodities like raw material required to cultivate them, labor, storage, transport logistics etc. get incentives 

from gov. during tough times like cyclone, earthquake, pandemics etc. 

Due to this, there's no incentive or tax relief (for example) if you are dealing with essential commodities during tough times. 

They will be treated like non-essential/luxury items like TVs, perfumes etc. In other words, could be subjected to higher taxes. 

 

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