Home Business Exclusive: India plans to hike edible oil import taxes to boost local... Business Exclusive: India plans to hike edible oil import taxes to boost local supply, sources say By Genpie - June 8, 2020 119 0 Facebook Twitter Google+ Pinterest WhatsApp India is considering raising import taxes on edible oils as the country seeks to become self-reliant by boosting local oilseed production with the help of tax revenues, two government and two industry officials told Reuters.