Budget’s most far-reaching change is in tariff rationalization
Inverted customs duty structures have been one of the biggest impediments to competitiveness of Indian exporters. Imposed mostly ad-hoc, in response to specific demands for import protection, the duty inversions have adversely affected prospects. The Budget might have done for Indian exports what trade policy hasn’t been able to
February 05, 2025 / 10:45 IST
The Budget might have done for Indian exports what trade policy hasn’t been able to.
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