There is a need to correct inverted duty structures for electric vehicle makers, in addition to providing EVs with a clear ...
Economist Arvind Virmani advocates for a strategic overhaul of India’s customs duty regime ahead of the Union Budget 2026-27.
Inverted Duty Structure: The Goods and Services Tax (GST) was introduced in 2017 with the promise of “One Nation, One Tax.” While it simplified many indirect taxes, it also created some unexpected ...