Union Budget 2026: what gets costlier, what gets cheaper?

Union Finance Minister Nirmala Sitharaman has again laid out customs duties and import tariffs changes for the upcoming fiscal year. These changes marque immoderate items costlier and others cheaper arsenic the applicable tariff rates summation oregon decrease.

Also work | Union Budget 2026 LIVE

Here is what volition get cheaper arsenic laid retired successful the Budget for 2026-27:

The Basic Customs Duty (BCD) connected 17 caller drugs and medicines has been slashed to nil successful this year’s Budget. Seven further uncommon diseases person been added to the duty-free import list. Many user goods similar astute phones, microwave ovens, leather products and galore much volition besides get cheaper.

Here are the products that volition tentatively get costlier:

Umbrellas and their parts volition present pull a circumstantial minimum duty, making inexpensive imports costlier. The terms of cigarettes, cookware masala, and different baccy products volition emergence arsenic an further excise work and a wellness cess kicks in. Futures and options trading is besides acceptable to go much costly aft proposals announced successful the Union Budget 2026.