Tag: India Union Budget 2025-26
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Budget FY’26: Zero BCD on copper, zinc to boost recycling
In a significant push for India’s non-ferrous recycling sector, Finance Minister Nirmala Sitharaman announced a complete exemption of basic customs duty (BCD) on copper scrap, zinc scrap, and lead scrap in the Union Budget 2025-26. The move aims to reduce import dependence, lower production costs, and strengthen domestic processing in key industries. BCD removal to…