New Delhi, Jan. 31 -- Budget 2026 sectoral expectations - FMCG industry: India's fast moving consumer goods (FMCG) sector has high expectations from Finance Minister Nirmala Sitharaman's Budget tomorrow. Among the most stated expectations and suggestions include rationalised customs duties, GST inverted duty structure, measures for increasing disposal income, support for startups and logistics, innovation push and more.

Nikhil Doda, Co-Founder and COO of Lahori Zeera, an Archian Foods brand, noted that after the GST reduction, most items now fall under the 5% slab, which makes it difficult for brand owners, as conversely, most services are subject to higher GST and ineligible for input tax credits. He also pointed that GST incurred on pu...