Customs tax reforms next big task, rupee to find its own natural level: FM Sitharaman
NEW DELHI: Finance Minister Nirmala Sitharaman on Saturday said that after income tax and GST reforms, the next focus of the government is the simplification of the customs tax system.
Speaking at the Hindustan Times Leadership Summit here, the minister said that the government has moved to a “faceless” income tax system online and now, “the same virtues will have to be brought to customs”.
She further stated that smuggling of illegal goods is still a serious problem.
"We have brought down custom duties in the last two years steadily. Customs is the next big assignment," FM Sitharaman noted.
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