LatestIncome Tax 30 September 2026
India Boosts Exporter Tax Refunds to ₹2 Trillion Over Five Years
India plans to lift the budget for the RoDTEP and RoSCTL tax refund programmes to almost ₹2 trillion over the next five years, aiming to ease cash flow constraints for exporters and enhance their global competitiveness. The increased outlay signals a major fiscal push to boost export volumes and support export‑dependent sectors.
India is set to raise the outlay for two major export‑focused tax refund schemes—RoDTEP and RoSCTL—to nearly ₹2 trillion over the next five years.
- Goal: Ease cash flow for exporters and boost competitiveness.
- Funding: Additional budget allocation announced, expanding the total refund pool.
- Impact: Expected to strengthen export volumes and support sectors reliant on foreign markets.
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