Budget 2026: Customs duty rationalised on key items with focus on domestic manufacturing, Ease of Living

New Delhi [India], February 1 (ANI): Presenting the Budget, Finance Minister Nirmala Sitharaman announced a set of indirect tax measures in the Union Budget 2026-27, aimed at further simplifying the tariff structure, supporting domestic manufacturing, promoting export competitiveness, and correcting inversion in duty.

A key element of the Budget proposals is the continued rationalisation of customs duty exemption