Budget 2026-27: Cancer Drugs, EVs Cheaper; Alcohol, Cigarettes Costlier

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News18•01-02-2026, 13:36
Budget 2026-27: Cancer Drugs, EVs Cheaper; Alcohol, Cigarettes Costlier
- •Cancer and diabetes medicines, sports equipment, and Indian-made mobile phones are set to become cheaper due to reduced import duties and focus on domestic manufacturing.
- •Leather goods, electric vehicles, microwave ovens, solar panels, and seafood will also see price reductions.
- •Overseas tourism, foreign education, and imported goods for nuclear power projects are expected to become more affordable.
- •Alcohol, cigarettes, paan masala, and luxury watches are among the items that will become more expensive.
- •Imported television equipment, cameras, coffee machines, fertilizers, and stock options trading will also see price hikes.
Why It Matters: The 2026-27 Budget makes essential medicines and green tech cheaper, while luxury and sin goods get costlier.
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