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The finance ministry is expected to increase allocations for two key tax remission schemes for exporters—RoDTEP and RoSCTL—by about 10% each in the 2025-26 budget to support exporters amid global economic challenges. Currently, Rs.16,575 crore is allocated for RoDTEP and Rs. 9,246 crore for RoSCTL.
The finance ministry will likely increase allocations for two key tax remission schemes for exporters by about 10% each in the upcoming budget for 2025-26 amid calls for sustained support to blunt the impact of external headwinds, people aware of the development said.
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