India, Dec. 6 -- Union Finance Minister Nirmala Sitharaman said on Saturday that the government's next focus of reforms includes an overhaul of the custom duty system.

"We made sure that income tax is no longer a tiresome exercise," she cited as an example, recalling that the I-T regime was often earlier termed "tax terrorism". Sitharaman was speaking at the 23rd Hindustan Times Leadership Summit in New Delhi on Saturday.

Live updates | What Nirmala Sitharaman said at HTLS 2025

"The commentary used to be that income tax rates are not the problem - 'yes, we want lower and lower rates' - but it is the tax administration which causes the problem," the senior BJP leader said, in conversation with HT Editor-in-Chief R Sukumar. She said the ...