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flag India to restore full export refunds April 1, 2026, after halving them in February.

flag India will restore full benefits under the RoDTEP export incentive scheme starting April 1, 2026, reversing a February 2026 cut that halved refunds for most goods. flag The change, confirmed by the Commerce Ministry and welcomed by exporters, aims to ease financial strain from rising freight costs and global market challenges. flag Current reduced rates will remain until March 31, 2026. flag The scheme, which refunds central, state, and local taxes on exports, provides refunds of 0.3% to 3.9% of export value via electronic scrips. flag The government is seeking additional funding to support the restoration, as exports grew only 0.61% in January 2026 and the trade deficit reached $34.68 billion.

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