RAI pushes Budget 2026 for tax cuts, GST rationalisation and a National Retail Policy

Retailers Association of India's pre-Budget wishlist urges consumption-led growth via personal income tax relief, GST rationalisation on apparel and footwear, simpler compliance, easier credit for small retailers, and a unified National Retail Policy for a sector contributing 10% of GDP and 50 million jobs.

— Filed Thu, 14 May, 2026, 06:52 IST · Source CNBC-TV18 · Retail · Updated

RAI's Budget 2026-27 recommendations urge consumption-led growth, personal income tax cuts, GST rationalisation on apparel and footwear, simpler compliance, easier credit for small retailers, and a National Retail Policy to unify regulation and boost organised retail.

Why this matters

RAI continues its pre-Budget advocacy, building on its earlier wishlist pushing tax relief, a National Retail Policy and MSME parity for traders ahead of Budget 2026.

Retail-company signals steady at 122 in the last 90 days, reflecting consistent sector newsflow.