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News1801-02-2026, 13:18

Budget 2026: What's Cheaper, What's Costlier? Sitharaman's Big Announcements

  • Finance Minister Nirmala Sitharaman presented the Union Budget 2026 in Lok Sabha, her ninth consecutive budget.
  • Customs duty reduced on several items, making them cheaper; some items will become more expensive due to increased import duties.
  • Cheaper items include leather goods, synthetic footwear, 17 cancer and diabetes medicines, lithium-ion cells, mobile batteries, solar glass, blended gas, EVs, microwave ovens, and foreign travel.
  • More expensive items include alcohol, scrap, and minerals due to increased import duties.
  • The budget focuses on a developed India, increasing domestic production, and improving living standards.

Why It Matters: Budget 2026 brings significant changes to customs duties, impacting prices of various goods for consumers.

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