Food ministry recommends raising edible oil import taxes

(Reuters) – India’s food ministry wants to double the import tax on crude edible oils and raise that on refined oils by 50 percent, but is waiting for other ministries to give their views before passing its recommendation to the cabinet, the food minister said. The world’s biggest vegetable oil importer levies a 2.5 percent Read more about Food ministry recommends raising edible oil import taxes[…]