Excise Duty Current Affairs, GK & News

Agricultural Infrastructure and Development Cess

The Finance Minister of India, Nirmala Sitharaman, announced an agricultural infrastructure and development cess (AIDC) on some goods while presenting Union Budget 2021. AIDC was announced to provide support to those sector that has been one bright spot amid the COVID-19 pandemic. Highlights AIDC will be applied on a small number of items. Under the ..

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