The Economic Times

Budget 2026: MAIT seeks import duty cuts on critical electronic components, tax sops

MAIT has submitted pre-budget recommendations to the government. The IT industry body is asking for lower customs duties on key electronic components. They also want increased tax incentives. These measures aim to strengthen domestic manufacturing and global competitiveness. The proposals focus on critical sub-assemblies and audio components. MAIT also seeks to position India as a global repair hub.