Budget 2025-26: Operationalising the trade route to economic growth

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Budget 2025-26: Operationalising the trade route to economic growth - Business Standard

Quick Summary:

The timeline for furnishing end-user certificates for exemption granted on imports has also been extended with the flexibility for submitting quarterly returns instead of monthly returns.

Along with Customs-duty reduction, the finance minister has continued the earlier Budget emphasis on simplifying procedures on the Customs side and reducing tax uncertainties.

Historical experience shows that no country in the post-Second World War era has consistently grown at more than 7 per cent without clocking 15 per cent plus growth in exports.