India may rationalise most customs tariffs by budget 2027-28, Nirmala Sitharaman says
- Posted on August 6, 2026
- By Business News Today
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- 1 min read
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India may rationalise most customs tariffs by budget 2027-28, Nirmala Sitharaman says
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.