Wednesday, October 22, 2008

Breaking News-RTRS-India likely to tax edible oil imports - govt

NEW DELHI, Oct 22 (Reuters) - India is likely to impose a tax on edible oil imports next month, Farm Minister Sharad Pawar said on Wednesday.

The government may also scrap an export tax on basmati rice but has no plan to relax the ban on shipments of cheaper grades of rice, he told reporters.