India Not a ‘Tariff King’; Actual Rates Much Lower, Says Nirmala Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday refuted claims labeling India as a “tariff king,” asserting that the country’s actual effective tariff rate is much lower than often portrayed. She highlighted that the Union Budget for 2025–26 has streamlined the number of tariff slabs to just eight, aiming to support domestic manufacturing and boost […]
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