https://www.taxtmi.com/news?id=34067 The Indian Tea Association seeks a minimum sustainable price that compensates cost of production, including capital costs, and yields a reasonable margin. It proposes using the organised sector's cost of production as a benchmark and states growers should receive a realisation equating to at least half the cost of production. The association highlights that the current price-sharing formula between small growers and factories does not compensate costs and that small growers lack bargaining power, necessitating a mechanism to secure remunerative margins. en-us Fri, 14 Feb 2025 15:31:04 +0530 Fri, 14 Feb 2025 15:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34067 The Indian Tea Association seeks a minimum sustainable price that compensates cost of production, including capital costs, and yields a reasonable margin. It proposes using the organised sector's cost of production as a benchmark and states growers should receive a realisation equating to at least half the cost of production. The association highlights that the current price-sharing formula between small growers and factories does not compensate costs and that small growers lack bargaining power, necessitating a mechanism to secure remunerative margins. News - Fri, 14 Feb 2025 15:31:04 +0530 https://www.taxtmi.com/news?id=34067