Budget 2026: Cancer, Rare Disease Patients Get Relief; Import Duties Cut on Life-Saving Drugs
Budget
C
CNBC TV18•01-02-2026, 13:15
Budget 2026: Cancer, Rare Disease Patients Get Relief; Import Duties Cut on Life-Saving Drugs
- •Union Budget 2026-27 provides significant relief for cancer and rare disease patients.
- •Basic Customs Duty (BCD) exempted on 17 drugs and medicines for cancer treatment.
- •Customs duty on dutiable goods for personal import reduced from 20% to 10%.
- •Seven more rare diseases added to the list eligible for import duty exemption on personal imports of drugs and FSMP.
- •Budget 2025-26 had already exempted 36 life-saving drugs and offered concessional duty on six others.
Why It Matters: Budget 2026 reduces treatment costs for cancer and rare disease patients by cutting import duties.
✦
More like this
Loading more articles...
