India's finance minister announced plans to streamline customs tariffs, aiming for a significant overhaul by the fiscal year 2027-28. This move is expected to simplify trade procedures and potentially boost economic activity by making imports and exports more predictable and cost-effective for businesses across various sectors.

The government is creating a customs playbook for key imported goods. This initiative aims to standardize the faceless customs regime across India. It will reduce disputes and…

India's finance minister announced plans to streamline customs tariffs, aiming for a significant overhaul by the fiscal year 2027-28. This move is expected to simplify trade…

Finance Minister Nirmala Sitharaman on Thursday said that government may rationalise most customs tariffs by the Budget for 2027-28.