Sellers exporting goods through ecommerce received a boost in the Union Budget, which includes proposals aimed at easing compliance and enabling faster, more efficient shipments.Finance Minister Nirmala Sitharaman on Sunday said the measure would help small businesses, artisans, and startups access global markets.“To support the aspirations of India’s small businesses, artisans, and startups to access global markets through ecommerce, I am pleased to announce the complete removal of the current value cap of Rs 10 lakh on courier exports,” the Minister said while addressing Parliament. “In addition, the handling of rejected or returned consignments will be approved with the effective use of technology to identify such consignments.”With the cap removed, goods priced above Rs 10 lakh can now be shipped through courier export channels, which typically offer faster delivery and involve less paperwork. Previously, such consignments had to move through cargo shipments, a slower route that comes with higher compliance requirements.The ecommerce industry has welcomed the move. “The Union Budget 2026 is a significant enabler for India’s small businesses, artisans, and startups looking to expand their global footprint,” Tanmay Kumar, Chief Financial Officer of ecommerce logistics startup Shiprocket, told YourStory. “The complete removal of the Rs 10 lakh courier export cap is… Read MoreYourStory RSS Feed
