The Government, through Circular No. 08/2026-Customs dated February 28, 2026, has introduced a customs duty deferment facility for Eligible Manufacturer Importers (EMI) effective April 1, 2026. The initiative allows approved manufacturers to clear imported goods from ports, airports, and inland container depots without immediate payment of customs duty, thereby improving cash flow and accelerating cargo movement. Applications are to be filed through the AEO India Portal, and the scheme will remain operational until March 31, 2028, while also encouraging manufacturers to transition toward higher accreditation under the Authorized Economic Operator (AEO) Program....
Union Budget 2026–27 reflects a calibrated approach to policy and reform. At a time of global uncertainty, the Budget prioritises continuity, fiscal discipline, and trust-based governance over headline disruption. The focus on infrastructure-led growth, manufacturing, MSMEs, and compliance simplification underscores a clear intent to strengthen economic foundations and enhance policy credibility. By favouring predictability and structural reform, the Budget signals a shift toward long-term competitiveness and sustainable growth rather than short-term stimulus....
Union Budget 2026 underscores policy continuity and fiscal consolidation in the face of global economic uncertainty, while advancing a more transparent, predictable, and business-friendly taxation framework. The Budget prioritizes investments in manufacturing, MSMEs, infrastructure, and future-ready sectors to strengthen domestic capabilities and support sustainable growth. Through targeted reforms, enhanced compliance ease, and sustained public capital expenditure, the Budget reinforces a stable policy environment that enables businesses to plan with confidence, manage risk effectively, and pursue long-term expansion....