Royalty Fee News

Industry

Government tightens rules for GM seed technology providers

The GM seed technology provider cannot charge a royalty that exceeds 10% of the maximum sale price of the seeds

3 min read21 May 2016
Industry

Govt cuts Bt cotton royalty fees by 74%

Price 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 2016
Industry

Monsanto threatens to exit India over royalty fees

CEO 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 2016
Politics

Delhi HC sets stage for price controls on Bt cotton seeds

Delhi 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 2016
Politics

Indian iron ore miners halt exports on weak prices, higher taxes

Even 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 2014
Companies

SAIL faces cost burden on higher royalty fees for iron ore

The tax will rise to 15% of sales from 10%, according to a govt panel report

3 min read27 Jun 2013

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Budget

The 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

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