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Price Waterhouse & Co suggests the government consider an amnesty scheme in the 2026-27 Budget to resolve over Rs 1.52 lakh crore in customs duty litigations. The firm also advocates for rationalizing customs duty slabs to 5-6 and reducing duties on raw materials to address inverted duty structures arising from Free Trade Agreements.
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Both major retailers report strong food sales, but M&S says sales of clothing and homeware fell.
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News and Media
The hospitality industry had called for a rethink of planned changes to the way the tax based on property is calculated.
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News and Media
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