In this episode of Budget Insights, a podcast series from EY India Insights, Sandeep M Bhatnagar, Associate Partner, Indirect Tax at EY India highlights areas that Budget 2026 could focus on in indirect taxes, customs and trade policy to improve industry’s competitiveness and exports.

Key takeaways

• In Budget 2026, the government may announce measures to boost private investment.
• Regular review of duty rates and exemptions should continue.
• As India aims to be a global player, the focus may be on removing distortions like inverted duties rather than protectionism.
• Customs facilitation, simplification, speedier customs clearances supported by automation can reduce tra ...