Summary: The Union Budget 2025 proposes a rationalized customs tariff structure by removing seven tariff rates, leaving only eight, with minor reductions on select items. To support domestic ...
Government announces customs tariff rationalization to support manufacturing, exports, and trade, including exemptions for critical minerals and technical textiles.
Focus on growth, middle class. Expect changes in prices of electronics, EVs, luxury goods. The budget also addresses inflation and domestic manufacturing, with key announcements.