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Govt exempts tax on packaged food articles

small bag of riceThiruvananthapuram: Facing criticism for imposing tax on packaged food articles, Finance Minister KM Mani Monday withdrew the proposal made by him in the budget.

In the 2015-16 budget presented by him on March 13, he had proposed a one per cent tax on packaged rice, rice products and wheat, five per cent on refined flour, wheat, semolina and ‘rava’, one per cent on coconut oil and two per cent on sugar.

The tax on food articles evoked distress in the state especially among households.

 

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