Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
India to simplify customs duties in 2026 budget to reduce disputes and boost trade.
India plans to cut customs duty slabs from eight to five or six in the 2026 Union Budget to simplify trade rules, reduce legal disputes, and align tariffs with economic goals.
The move aims to resolve classification conflicts, fix inverted duty structures, and eliminate arbitrary exemptions.
It’s part of broader reforms to integrate customs with the revised GST and modernize SEZ policies.
Over 75,000 pending cases and ₹24,000 crore in unpaid duties highlight the urgency.
Industry leaders are pushing for amnesty on non-wilful violations.
Finance Minister Nirmala Sitharaman has confirmed customs simplification as a top priority.
India simplificará los aranceles aduaneros en el presupuesto de 2026 para reducir disputas e impulsar el comercio.