GST rates levied on healthy dairying : buttermilk, curd, lassi and paneer
The Goods and Services Tax (GST) Council on Tuesday decided to remove a host of tax exemptions and hike rates for an even larger number of mass-consumption items. It approved a proposal to impose a 12% tax on hotel rooms costing below `1,000 per day and a 5% levy without input tax credit on hospital […]
Veganism in India – Would it impact dairy consumption ?
An article by : Neharika Sharma India is the world’s largest producer of milk. It is a notable global player in milk production, contributing 22 per cent of the total. Regardless of COVID-19 outbreak, the milk production in India increased by six per cent in 2020. Having said that, let us discuss a new growing […]
Launch of curd moved stocks price of Parag milk foods by 7%
Could launch of premium curd have such an impact on shares of a dairy company ? It has happened for the first time in India. Shares of Parag Milk Foods rallied as much as 7 per cent to Rs 111.70 a piece. I happened after the company introduced a new product to its premium category. […]