Indian Economy & Reforms

Changes in customs duty in budget 2026
Indian & International Customs, Indian Economy & Reforms, Trades & Tariffs

India Union Budget 2026–27: Complete Guide to Customs Duty Changes, Import-Export Reforms & Notifications

Union Budget 2026–27 introduces major customs reforms including tariffisation of 54+ items, 22 exemption lapses, critical mineral duty cuts, pharma exemptions, export timeline extension, and new Baggage Rules. This in-depth CHA guide explains every customs duty change, effective date, and compliance action importers and exporters must take after Budget 2026.

India EU FTA Free Trade Agreement January 2026
Indian & International Customs, Indian Economy & Reforms, Trades & Tariffs

India-EU FTA 2026: Complete Guide for Importers & Exporters

The India-EU Free Trade Agreement announced on January 27, 2026, opens unprecedented opportunities for Indian exporters and businesses. Over 99% of Indian exports will now receive preferential tariff access to European Union markets, covering 450 million consumers across 27 countries.
This comprehensive trade deal provides immediate benefits for labour-intensive sectors including textiles, leather, marine products, gems and jewellery, and handicrafts—totaling $33 billion in exports. Agricultural exporters of tea, coffee, spices, and processed foods will also gain enhanced market access.
Beyond tariff elimination, the FTA streamlines customs procedures, provides a robust mobility framework for Indian professionals, and includes provisions for digital trade, intellectual property protection, and carbon compliance support.
Whether you’re an established exporter, MSME, or exploring international markets for the first time, this guide from Sunshine Cargo Services explains exactly how to leverage the India-EU FTA for business growth.

Dramatic image showing a silver bar next to a locked silver jewellery box, symbolizing the lowered import duty on bullion versus the restriction on finished goods.
Customs Compliance & ICEGATE Guides, Gold, Silver & Other Metals, Indian & International Customs, Indian Economy & Reforms, Trades & Tariffs

Silver Import Duty in India: What is the Current Rate, Why are Jewellery Imports Restricted, and How Does it Affect Price?

The Indian government has reduced the import duty on silver bullion to 6% but simultaneously restricted the import of plain silver jewellery (HSN 7113) until March 2026. These changes dramatically impact the price and supply chain for consumers and jewellers.

CII Reform Roadmap for Viksit Bharat 2047 GST, Trade, Labour & Industry Reforms Explained
Indian Economy, Indian Economy & Reforms

CII Reform Roadmap for Viksit Bharat 2047: GST, Trade, Labour & Industry Reforms Explained

The Confederation of Indian Industry (CII) has outlined a bold reform roadmap for India’s vision of becoming a developed nation by 2047. From simplifying GST and modernizing trade to empowering MSMEs, attracting FDI, and ensuring labour flexibility, the roadmap is a blueprint for transforming India’s economy. This blog breaks down every reform, global comparison, challenges, and the way forward—helping you understand how India plans to achieve the Viksit Bharat 2047 dream.

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