- Indirect Tax proposals aim to promote exports, boost domestic manufacturing, enhance domestic value addition,encourage green energy and mobility.
- A simplified tax structure reduces compliance burden and improves tax adminsitration.
- Propose to reduce the basic customs duty rates on goods other than textile and agriculture from 21 to 13.
- Expansion of the Government digital certificate depository Digilocker services for the fintech sector.
- This is a boost for fintech startups as so far the DPI only allows individuals to store and share their certificates, such as academic records, driving licence, PAN cards.
