Imported onions to cost more
Imported big onions will cost more from tomorrow as the Government is set to impose increased taxes.
The Finance Ministry said today (21) that a tax of Rs 20 per kilogramme of imported Onions will be imposed from midnight.
The Ministry said that this measure has been taken to protect local farmers whose harvest of big onions are now reaching the market.
According to the Central Bank daily Price report, the price of a kilo of Big Onions is rising.
Prices went up to Rs 75 from Rs 60 today in anticipation of the tax.
Locally grown big onions are yet to reach the market according to the report.