Exporters are urging the government to implement tax incentives and rationalize import duties in the upcoming Budget. Key demands include reduced income tax for MSMEs, reinstatement of customs duty exemptions on certain leathers, and correction of inverted duty structures in sectors like synthetic yarns and electronics to boost domestic manufacturing and export competitiveness.
Exporters’ budget wishlist: tax sops, inverted duty structure correction, and more
Exporters are urging the government to implement tax incentives and rationalize import duties in the upcoming Budget. Key demands include reduced income tax for MSMEs,