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

Money
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News18•01-02-2026, 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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