Import duty on bamboo for agarbatti industry hiked to 25%

In an effort and hard work to curb an additional import from China, India on Tuesday hiked import duty on bamboo for agarbatti (incense adhere) to twenty five for each cent.

“Customs duty on bamboo imports by agarbatti manufacturers hiked from ten for each cent to twenty five for each cent with instant result to stimulate use of domestic bamboo for AtmaNirbhar Bharat,” Central Board of Oblique Taxes and Custom (CBIC) reported in a tweet. CBIC is apex coverage making body for oblique taxes this kind of as Products & Solutions Tax (at Central stage) and Custom Duty.

The board

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Salesforce Writes Off $25 Million Vacating Offices in Wake of COVID-19

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CRM big also inks important deal with AT&T

Salesforce claims cancelling bodily events this fiscal 12 months in favor of “virtual experiences” price tag it $65 million, with the corporation also chalking up somewhere around $twenty five million in lease impairments “due to vacating and subleasing offices” in the wake of pandemic.

The admission on a Q1 earnings connect with — that noticed the corporation otherwise report a bouyant quarter, with top rated line profits ($4.87 billion) up 30 per cent 12 months-on-12 months — came as providers globally shake up the industrial actual estate sector amid

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Sugar production down 21% at 25 mt till April 15

Sugar output in the state until April 15 was 247.8 lakh tonnes (lt), or 24.7 million tonnes, almost 21 per cent reduce than the 311.seventy five lt developed through the corresponding time period of the preceding sugar 12 months, stated a assertion from Indian Sugar Mills Affiliation (ISMA) on Thursday.

As a lot of as 139 mills are nevertheless crushing sugarcane. India’s sugar 12 months runs from October to September.

There is, however, a drop in demand from customers for domestic consumption as perfectly as exports pursuing the lockdown announcement. Even though the closure of dining places, malls and motion

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Horizon BCBS New Jersey gives $2.5 million for personal protection equipment

To support front-line overall health industry experts responding to the COVID-19 pandemic, Horizon Blue Cross Blue Protect of New Jersey is paying $two.35 million to donate five hundred,000 N95 respirator masks and 81,000 facial area shields to the state’s coordinated-response exertion.

The initial cargo of these provides is anticipated to be shipped to the point out for distribution starting future 7 days, with further deliveries planned through April.

Horizon BCBCNJ is also donating $one hundred,000 to the Community Food items Bank of New Jersey and $sixty,000 to the Jewish Spouse and children Provider of Atlantic and Cape May possibly, two

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