The GM seed technology provider cannot charge a royalty that exceeds 10% of the maximum sale price of the seeds
3 min read21 May 2016Price of Bollgard II Bt Cotton seeds reduced to Rs800 per 450 gm packet; royalty fee down to Rs43 per packet from Rs163
3 min read10 Mar 2016CEO Shilpa Divekar Nirula says if govt panel suggests a sharp, mandatory cut, firm will be forced to re-evaluate its India strategy
2 min read5 Mar 2016Delhi HC declined to grant a stay moved against the govt's decision on 27 Jan to set up a central price control panel which would regulate the Bt cotton seeds price
3 min read6 Feb 2016Even as global benchmark prices fell about 49% this year, India increased the royalty miners pay to the regional govt to 15% of the sales value from 10%
3 min read11 Dec 2014The tax will rise to 15% of sales from 10%, according to a govt panel report
3 min read27 Jun 2013The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared