<h1>Facilitative tax and customs reform measures in the Finance Bill 2026 aim to ease compliance, support MSMEs, and promote trade.</h1> The Finance Bill 2026 is described as a set of facilitative tax and customs measures centred on trust-based tax administration, ease of living, MSME support, trade facilitation and customs reform. The measures highlighted include lower tax collected at source on certain foreign remittances and overseas tour packages, customs duty exemption on critical drugs, duty-free import treatment for medicines and personal use articles, permission to file updated income-tax returns after reassessment proceedings begin, and a foreign asset disclosure scheme for small taxpayers. The Bill also seeks to reduce compliance burden and dispute potential through customs rationalisation and facilitation-first enforcement.