Tuesday, February 17, 2026
21.1 C
New Delhi

Customs reforms next big thing on govt agenda: FM

Customs reforms next big thing on govt agenda: FM

Finance Minister Nirmala Sitharaman

NEW DELHI: Govt will soon undertake “comprehensive” reforms of Customs to make it more transparent and ease compliance, Union finance minister Nirmala Sitharaman said Saturday.“There are quite a few things to do. There is the complete overhaul of the Customs area. We need to have a lot more simplified Customs department for people to feel that it is not tiresome and cumbersome for them to comply with the expectations in the rules, to make it more transparent,” Sitharaman said at an event here.The FM said govt had undertaken reforms of the Income Tax Act and ensured that income tax is no longer seen as a “tiresome exercise”. She said measures had been taken to ensure transparency, faceless assessment had been introduced and reforms in tax administration had been undertaken.“Now the same virtues have to be brought to Customs…” she said, adding that the aim was to introduce technology to scan and clear goods with minimal interference of officials and end “discretion”.“We are looking at it in that sort of way comprehensively… We have brought down Customs duties over the last two years steadily, but in those few items where we are still considered to be over the optimal rate, we will bring them down as well. So, Customs is my next big cleaning up assignment if I can say,” Sitharaman said when asked about the next “big bang” reforms that govt was planning to undertake.

Go to Source

Hot this week

Bill Gates no longer in list of AI Impact Summit speakers: Is it over Epstein link?

The Ministry of Electronics and Information Technology (MeitY), which has organised the summit, invited Gates to be one of the speakers. Read More

‘Avoid South Mumbai routes’: Police issue advisory ahead of Macron Visit

Mumbai Police have issued a traffic advisory ahead of French President Emmanuel Macron’s visit, announcing road closures, diversions and no-parking zones across south Mumbai from 2 PM to 9 PM due to VVIP movements for the India–France event at Gatewa Read More

Saudi’s ‘Work Interruption’ Service: What happens when domestic workers stop showing up

Saudi HR Ministry Introduces ‘Work Interruption’ Option for Absentee Domestic Workers In a significant labour-market update, Saudi Arabia’s Ministry of Human Resources and Social Development has launched a new digital service that f Read More

Yunus refers to India’s ‘Seven Sisters’ as separate entity in final address, hails ties with China

Outgoing Bangladesh interim chief Muhammad Yunus flags China ties and regional ambitions in exit speech, while stressing sovereignty and economic potential involving India’s Northeast, Nepal and Bhutan Go to Source Read More

The Dental Link To Snoring: Why Your Oral Structure May Be Stealing Your Sleep

Snoring may start in your mouth, not your lungs. Experts explain how jaw position and oral health affect breathing, sleep quality and long-term wellness. Read More

Topics

Bill Gates no longer in list of AI Impact Summit speakers: Is it over Epstein link?

The Ministry of Electronics and Information Technology (MeitY), which has organised the summit, invited Gates to be one of the speakers. Read More

‘Avoid South Mumbai routes’: Police issue advisory ahead of Macron Visit

Mumbai Police have issued a traffic advisory ahead of French President Emmanuel Macron’s visit, announcing road closures, diversions and no-parking zones across south Mumbai from 2 PM to 9 PM due to VVIP movements for the India–France event at Gatewa Read More

Saudi’s ‘Work Interruption’ Service: What happens when domestic workers stop showing up

Saudi HR Ministry Introduces ‘Work Interruption’ Option for Absentee Domestic Workers In a significant labour-market update, Saudi Arabia’s Ministry of Human Resources and Social Development has launched a new digital service that f Read More

Yunus refers to India’s ‘Seven Sisters’ as separate entity in final address, hails ties with China

Outgoing Bangladesh interim chief Muhammad Yunus flags China ties and regional ambitions in exit speech, while stressing sovereignty and economic potential involving India’s Northeast, Nepal and Bhutan Go to Source Read More

The Dental Link To Snoring: Why Your Oral Structure May Be Stealing Your Sleep

Snoring may start in your mouth, not your lungs. Experts explain how jaw position and oral health affect breathing, sleep quality and long-term wellness. Read More

Intermittent Fasting Isn’t A Magic Bullet For Weight Loss, Latest Research Shows

Skipping meals isn’t a magic fix. A major review finds intermittent fasting offers limited weight loss benefits but may still support metabolic health. Read More

Ramadan 2026 Sehri Guide: What To Eat And What To Avoid Before Fasting

As Ramadan 2026 approaches, here’s a simple guide to what you should eat, and what you should avoid, to make your Sehri both nourishing and sustaining. Read More

GK: Which Indian River Flows Through 5 States?

Some Indian rivers flow east to west, others west to east, crossing several state borders. Read More

Related Articles