India plans to cut taxes on edible oils to cool surging prices - Economic Times

India, the worlds top importer of vegetable oils, is looking to cut the agriculture infrastructure and development cess on crude palm oil imports from 5%, the people said, asking not to be identified as the information is private. The new tax amount is still …

India is planning to cut taxes on some edible oils to cool the domestic market after the war in Ukraine and Indonesias ban on palm oil exports sent prices skyrocketing, according to people familiar w… [+1617 chars]

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