Budget 2027: Some key moves

Friday, 13 November 2026 03:43 - - {{hitsCtrl.values.hits}}

CESS cut: About 800 HS codes get a 25% rate reduction. 10% PAL removed.
BOI capital allowance: Export manufacturing and tourism projects above $ 3 m qualify for a 200% enhanced allowance.
Tourism levy: April 1 2027 is the end date for the Tourism Development Levy of 1.5%.
Concessional credit: Commercial banks will channel Rs. 174 b of loans at 3–5%.
Solar storage: Rooftop battery storage earns Rs. 25,000 per kWh, capped at Rs. 250,000, with PAL on batteries removed.
Telecom: Rural tower construction receives a five-year tax break plus cost grants.
Plantations: Tea and rubber smallholders are brought into the fertiliser subsidy.
A Share for Everyone and SME listings: Grade 13 students over 18 get portfolios of up to Rs. 10,000, alongside a mechanism to encourage SME listings.