Budget 2026: What Gets Cheaper, What Gets Costlier? Sitharaman Unveils Economic Roadmap

India
M
Moneycontrol•01-02-2026, 14:52
Budget 2026: What Gets Cheaper, What Gets Costlier? Sitharaman Unveils Economic Roadmap
- •Finance Minister Nirmala Sitharaman presented her ninth Union Budget, focusing on three 'kartavyas' for economic growth.
- •The budget aims for faster growth, inclusive development, and continued structural reforms, balancing expansion with stability.
- •Several goods, including overseas tour packages, education remittances, and certain minerals, will become cheaper due to TCS cuts and duty exemptions.
- •Drugs for rare and cancer diseases, microwave ovens, and inputs for solar glass will also see price reductions.
- •Income tax misreporting, stock options, futures trading, and certain imported items like cranberries and refrigerated containers will become costlier.
Why It Matters: Budget 2026 makes several goods and services cheaper through duty cuts, but increases costs for tax non-compliance and specific imports.
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