{"id":617374,"date":"2025-12-07T06:14:16","date_gmt":"2025-12-07T06:14:16","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/617374\/"},"modified":"2025-12-07T06:14:16","modified_gmt":"2025-12-07T06:14:16","slug":"customs-reforms-next-big-thing-on-govt-agenda-fm-india-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/617374\/","title":{"rendered":"Customs reforms next big thing on govt agenda: FM | India News"},"content":{"rendered":"<p> <img src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/12\/image-6.jpg\" alt=\"Customs reforms next big thing on govt agenda: FM\" title=\"&lt;p&gt;Finance Minister Nirmala Sitharaman&lt;\/p&gt;\" decoding=\"async\" fetchpriority=\"high\"\/><\/p>\n<p>Finance Minister Nirmala Sitharaman<\/p>\n<p> NEW DELHI: Govt will soon undertake \u201ccomprehensive\u201d reforms of Customs to make it more transparent and ease compliance, Union finance minister <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/nirmala-sitharaman\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Nirmala Sitharaman<\/a> said Saturday.\u201cThere 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,\u201d Sitharaman said at an event here. <\/p>\n<p>Winter Session Of Parliament: Bills On Atomic Energy, Excise On Agenda; Oppn Gears Up For SIR<\/p>\n<p> The FM said govt had undertaken reforms of the Income Tax Act and ensured that income tax is no longer seen as a &#8220;tiresome exercise\u201d. She said measures had been taken to ensure transparency, faceless assessment had been introduced and reforms in tax administration had been undertaken.\u201cNow the same virtues have to be brought to Customs\u2026\u201d she said, adding that the aim was to introduce technology to scan and clear goods with minimal interference of officials and end \u201cdiscretion\u201d.\u201cWe are looking at it in that sort of way comprehensively&#8230; 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,\u201d Sitharaman said when asked about the next \u201cbig bang\u201d reforms that govt was planning to undertake.<\/p>\n","protected":false},"excerpt":{"rendered":"Finance Minister Nirmala Sitharaman NEW DELHI: Govt will soon undertake \u201ccomprehensive\u201d reforms of Customs to make it more&hellip;\n","protected":false},"author":2,"featured_media":617375,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3090],"tags":[1500,51,19128,192341,1700,192343,10818,192344,192346,192342,730,10816,10817,94584,5685,192345,16,15],"class_list":["post-617374","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-breaking-news","tag-business","tag-customs-duties","tag-customs-reforms","tag-economy","tag-faceless-assessment","tag-google-news","tag-government-agenda","tag-gst-rate-cuts","tag-income-tax-reforms","tag-india","tag-india-news","tag-india-news-today","tag-nirmala-sitharaman","tag-today-news","tag-transparent-customs","tag-uk","tag-united-kingdom"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115676819183977273","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/617374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=617374"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/617374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/617375"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=617374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=617374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=617374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}