Duty cut in Budget on certain inputs to boost exports, manufacturing: Commerce Ministry
- Posted on February 2, 2025
- By Business News Today
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Duty cut in Budget on certain inputs to boost exports, manufacturing: Commerce Ministry
The Commerce Ministry states that reducing customs duties on several inputs will support domestic manufacturing and boost exports. Key sectors like marine, chemicals, and critical minerals will benefit from these changes. The revamping of the Model Bilateral Investment Treaty aims to attract foreign investments and improve leverage during FTA negotiations.