Tariff rationalisation set to continue, more steps likely in FY28 Budget: FM

The Indian Finance Minister, Nirmala Sitharaman, has confirmed that the country will continue to simplify its import tariffs, a move aimed at reducing trade barriers and making it easier for businesses to import goods. This tariff rationalisation is expected to continue in the upcoming budget for the year 2027-28. The move is significant as it could boost trade and economic growth by reducing the costs associated with importing goods.

Read the source report: Economic Times