SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

India may cut import tax on palm oil from next year

31 Dec 2018 Evaluate

The government has said India may cut import tax on palm oil from next year, line with New Delhi's trade agreements with Southeast Asian countries. India imports palm oil from Malaysia and Indonesia.

Crude palm oil duties for Malaysia will be cut to 40% from 44% from January 01, while a levy on the refined variety will be reduced to 45% from 54%.

Earlier, India, the world's top buyer of vegetable oils, raised the import tax on crude palm oil to 44 percent from 30 percent and lifted the tax on refined palm oil to 54 percent from 40 percent.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×