What is agri-cess? Whether it affects the general public?
The Union Budget 2021 proposed an Agriculture Infrastructure and Development Cess (AIDC) effective from February 2, 2021on specific goods as below. Items Petrol – Rs.2.50 per litre Diesel – Rs.4 per litre Gold, Silver and Dore bars -2.50% Alcoholic beverages (falling under chapter 22)-100% Crude palm oil -17.50% Crude soyabean and sunflower oil- 20%…