Finance Minister Nirmala Sitharaman confirmed ongoing import tariff rationalisation efforts. Further measures are expected in the budget for the year 2027-28. She also outlined the Viksit Bharat vision for the year 2047. This vision includes zero poverty and universal access to education and healthcare. India's destiny is to become a developed civilisation with prosperity and responsibility.

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.