Budget 2026: What Indirect Tax Measures FM Sitharaman Announced? Check Full List

Budget 2026: What indirect tax measures FM Sitharaman announced? Check full list

Union Budget 2026–27 rationalises customs duties across key sectors to support domestic manufacturing, promote exports, ease personal imports and medicines, and simplify customs processes, FM Nirmala Sitharaman announces.

Budget: Sitharaman says customs duty rationalised on key items with focus on domestic manufacturing

Union Finance Minister Nirmala Sitharaman presented Union Budget 2026 and announced a set of indirect tax measures, 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 exemptions. To continue weeding out long-standing customs duty exemptions, she proposed remo…

Budget 2026-27: Ten key manufacturing takeaways from FM Sitharaman’s multi-sector push

The Union Budget 2026-27 places manufacturing at the core of India’s growth strategy, with finance minister Nirmala Sitharaman announcing major sectoral pushes in biopharma, semiconductors, electronics, rare earths and textiles. Backed by tax incentives, customs duty cuts and SEZ relief, the measures aim to boost domestic value addition, cut import dependence and strengthen India’s global manufacturing competitiveness.

Budget proposals for Customs and Central Excise aim to further simplify the tariff structure, support domestic manufacturing : Finance Minister

NEW DELHI : The Union Budget proposals for Customs and Central Excise aim to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty, said Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman while presenting the Union Budget 2026-27, in Parliament on Sunday. Taking forward the weeding out of long continuing customs duty exemptions, the Budget propos…

Budget 2026: Manufacturing push, PLI schemes boost domestic production

India's new budget champions manufacturing, aiming to significantly increase its contribution to the nation's GDP. Key sectors like semiconductors, electronics, and textiles receive substantial funding. Initiatives like the Biopharma SHAKTI program and production-linked incentives are designed to build domestic capacity and reduce reliance on imports. This strategic focus supports job creation and economic growth.

17 cancer drugs to become cheaper as FM announces 'trust-based' customs regime

Sitharaman in her budget speech said that the customs proposal 'aim to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty'.