RAI pushes Budget 2026 wishlist: tax relief, National Retail Policy, MSME parity for traders

Retailers Association of India's pre-Budget memo urges consumption-led growth via personal tax cuts, GST simplification, a National Retail Policy, SIDBI-backed retail finance, MDR waiver on debit cards, subsidised POS and EPCG revival—framing retail as 10% of GDP and 50M jobs en route to a $2T market by 2032.

— Filed Thu, 14 May, 2026, 04:13 IST · Source CNBC TV18 · Retail · Updated

RAI's pre-Budget 2026-27 wishlist seeks personal tax relief, simplified GST, a National Retail Policy, MSME parity for traders, SIDBI-backed retail finance, MDR waiver on debit cards, subsidised POS, and EPCG scheme revival.